Clark Asset Management LLC Invests $719,000 in iShares Short Duration Bond Active ETF $NEAR

Clark Asset Management LLC acquired a new stake in iShares Short Duration Bond Active ETF (BATS:NEAR) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 14,135 shares of the company’s stock, valued at approximately $719,000.

A number of other hedge funds have also made changes to their positions in the business. Peapack Gladstone Financial Corp lifted its stake in iShares Short Duration Bond Active ETF by 142.1% during the second quarter. Peapack Gladstone Financial Corp now owns 185,057 shares of the company’s stock worth $9,456,000 after purchasing an additional 108,608 shares during the last quarter. Quantinno Capital Management LP purchased a new position in iShares Short Duration Bond Active ETF in the second quarter valued at approximately $500,000. Ausdal Financial Partners Inc. acquired a new stake in iShares Short Duration Bond Active ETF during the second quarter worth approximately $278,000. Jane Street Group LLC raised its holdings in iShares Short Duration Bond Active ETF by 205.6% during the second quarter. Jane Street Group LLC now owns 45,100 shares of the company’s stock worth $2,305,000 after purchasing an additional 30,340 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares Short Duration Bond Active ETF by 22.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 918,189 shares of the company’s stock worth $46,891,000 after buying an additional 167,210 shares during the last quarter.

iShares Short Duration Bond Active ETF Stock Performance

Shares of iShares Short Duration Bond Active ETF stock opened at $50.58 on Monday. The company has a fifty day simple moving average of $50.71 and a 200-day simple moving average of $50.94. iShares Short Duration Bond Active ETF has a 12-month low of $50.48 and a 12-month high of $51.37.

iShares Short Duration Bond Active ETF Profile

The iShares Short Maturity Bond ETF (NEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to maximize income and preserve capital using very short maturity, USD-denominated global fixed income securities in an actively-managed fund. NEAR was launched on Sep 25, 2013 and is managed by BlackRock.