Members Advisory Group LLC Has $12.83 Million Stock Position in iShares Short Duration Bond Active ETF $NEAR

Members Advisory Group LLC lowered its stake in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 7.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 250,252 shares of the company’s stock after selling 19,071 shares during the quarter. iShares Short Duration Bond Active ETF accounts for 4.5% of Members Advisory Group LLC’s holdings, making the stock its 7th largest position. Members Advisory Group LLC’s holdings in iShares Short Duration Bond Active ETF were worth $12,833,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of NEAR. Ameritas Advisory Services LLC purchased a new position in iShares Short Duration Bond Active ETF during the second quarter valued at $47,000. AE Wealth Management LLC grew its position in shares of iShares Short Duration Bond Active ETF by 27.1% during the second quarter. AE Wealth Management LLC now owns 1,023 shares of the company’s stock valued at $52,000 after purchasing an additional 218 shares in the last quarter. Tower Research Capital LLC TRC bought a new stake in shares of iShares Short Duration Bond Active ETF in the second quarter worth about $76,000. Davidson Capital Management Inc. increased its holdings in shares of iShares Short Duration Bond Active ETF by 92.1% in the second quarter. Davidson Capital Management Inc. now owns 1,704 shares of the company’s stock worth $87,000 after purchasing an additional 817 shares during the last quarter. Finally, Spire Wealth Management boosted its stake in iShares Short Duration Bond Active ETF by 41.5% during the second quarter. Spire Wealth Management now owns 1,926 shares of the company’s stock valued at $98,000 after buying an additional 565 shares during the last quarter.

iShares Short Duration Bond Active ETF Stock Up 1.5%

BATS:NEAR opened at $51.15 on Tuesday. iShares Short Duration Bond Active ETF has a 1 year low of $50.25 and a 1 year high of $51.40. The stock’s 50 day simple moving average is $51.16 and its two-hundred day simple moving average is $51.12.

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.