Axxcess Wealth Management LLC Buys 69,328 Shares of iShares Short Duration Bond Active ETF $NEAR

Axxcess Wealth Management LLC boosted its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 29.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 307,924 shares of the company’s stock after purchasing an additional 69,328 shares during the quarter. Axxcess Wealth Management LLC owned about 0.47% of iShares Short Duration Bond Active ETF worth $15,653,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of NEAR. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Short Duration Bond Active ETF by 2,461.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,833,023 shares of the company’s stock valued at $195,867,000 after buying an additional 3,683,358 shares during the period. Corient Private Wealth LLC acquired a new stake in shares of iShares Short Duration Bond Active ETF during the 2nd quarter worth approximately $15,660,000. Bank of America Corp DE increased its stake in iShares Short Duration Bond Active ETF by 8.8% in the second quarter. Bank of America Corp DE now owns 3,503,322 shares of the company’s stock valued at $179,020,000 after acquiring an additional 284,084 shares during the last quarter. UBS Group AG increased its stake in iShares Short Duration Bond Active ETF by 19.6% in the fourth quarter. UBS Group AG now owns 1,613,264 shares of the company’s stock valued at $82,438,000 after acquiring an additional 264,887 shares during the last quarter. Finally, Clark Capital Management Group Inc. acquired a new position in iShares Short Duration Bond Active ETF during the fourth quarter valued at approximately $10,265,000.

iShares Short Duration Bond Active ETF Stock Down 0.1%

Shares of NEAR stock opened at $50.51 on Wednesday. The stock’s fifty day moving average price is $50.64 and its two-hundred day moving average price is $50.89. iShares Short Duration Bond Active ETF has a fifty-two week low of $50.45 and a fifty-two week 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.