Avidian Wealth Enterprises LLC Purchases 950 Shares of iShares Short Duration Bond Active ETF $NEAR

Avidian Wealth Enterprises LLC boosted its position in iShares Short Duration Bond Active ETF (BATS:NEAR) by 13.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,262 shares of the company’s stock after acquiring an additional 950 shares during the period. Avidian Wealth Enterprises LLC’s holdings in iShares Short Duration Bond Active ETF were worth $422,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in NEAR. Columbia River Financial Group LLC acquired a new position in iShares Short Duration Bond Active ETF in the first quarter valued at about $25,000. Ameritas Advisory Services LLC acquired a new position in iShares Short Duration Bond Active ETF in the second quarter valued at about $47,000. GAMMA Investing LLC acquired a new position in iShares Short Duration Bond Active ETF in the first quarter valued at about $80,000. Geneos Wealth Management Inc. lifted its stake in iShares Short Duration Bond Active ETF by 725.9% in the first quarter. Geneos Wealth Management Inc. now owns 2,965 shares of the company’s stock valued at $151,000 after buying an additional 2,606 shares during the period. Finally, Synovus Financial Corp acquired a new position in iShares Short Duration Bond Active ETF in the first quarter valued at about $207,000.

iShares Short Duration Bond Active ETF Price Performance

BATS:NEAR opened at $51.33 on Thursday. iShares Short Duration Bond Active ETF has a 1-year low of $50.25 and a 1-year high of $51.40. The business’s 50-day moving average price is $51.21 and its two-hundred day moving average price is $50.96.

About iShares Short Duration Bond Active ETF

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.