Focus Financial Network Inc. Purchases 11,011 Shares of iShares Short Duration Bond Active ETF $NEAR

Focus Financial Network Inc. lifted its position in iShares Short Duration Bond Active ETF (BATS:NEAR) by 12.7% in the 3rd quarter, Holdings Channel reports. The fund owned 97,708 shares of the company’s stock after buying an additional 11,011 shares during the period. Focus Financial Network Inc.’s holdings in iShares Short Duration Bond Active ETF were worth $4,872,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. NewEdge Advisors LLC boosted its stake in iShares Short Duration Bond Active ETF by 94.9% in the 1st quarter. NewEdge Advisors LLC now owns 914,401 shares of the company’s stock worth $46,484,000 after purchasing an additional 445,163 shares during the period. Clearwater Capital Advisors LLC raised its stake in iShares Short Duration Bond Active ETF by 6.6% during the 1st quarter. Clearwater Capital Advisors LLC now owns 3,117,801 shares of the company’s stock valued at $158,493,000 after purchasing an additional 192,930 shares during the period. Proficio Capital Partners LLC raised its stake in iShares Short Duration Bond Active ETF by 71.4% during the 2nd quarter. Proficio Capital Partners LLC now owns 425,995 shares of the company’s stock valued at $22,196,000 after purchasing an additional 177,400 shares during the period. Royal Bank of Canada raised its stake in iShares Short Duration Bond Active ETF by 26.9% during the 1st quarter. Royal Bank of Canada now owns 723,098 shares of the company’s stock valued at $36,759,000 after purchasing an additional 153,429 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares Short Duration Bond Active ETF by 11.1% in the first quarter. Cetera Investment Advisers now owns 1,413,521 shares of the company’s stock valued at $71,856,000 after purchasing an additional 141,623 shares in the last quarter.

iShares Short Duration Bond Active ETF Stock Performance

NEAR opened at $49.91 on Wednesday. The stock has a fifty day moving average of $50.23 and a 200-day moving average of $50.50. iShares Short Duration Bond Active ETF has a 12-month low of $49.68 and a 12-month high of $51.37.

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.