FreeGulliver LLC Takes $1.59 Million Position in iShares Short Duration Bond Active ETF $NEAR

FreeGulliver LLC purchased a new stake in iShares Short Duration Bond Active ETF (BATS:NEAR) during the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 31,249 shares of the company’s stock, valued at approximately $1,589,000. iShares Short Duration Bond Active ETF comprises approximately 0.7% of FreeGulliver LLC’s portfolio, making the stock its 24th biggest position.

A number of other hedge funds have also bought and sold shares of the business. Waverly Advisors LLC raised its stake in iShares Short Duration Bond Active ETF by 15.2% in the 1st quarter. Waverly Advisors LLC now owns 298,806 shares of the company’s stock worth $15,190,000 after purchasing an additional 39,462 shares in the last quarter. Cetera Investment Advisers grew its position in shares of iShares Short Duration Bond Active ETF by 11.1% during the 1st quarter. Cetera Investment Advisers now owns 1,413,521 shares of the company’s stock worth $71,856,000 after purchasing an additional 141,623 shares in the last quarter. Clearwater Capital Advisors LLC increased its holdings in shares of iShares Short Duration Bond Active ETF by 6.6% during the first quarter. Clearwater Capital Advisors LLC now owns 3,117,801 shares of the company’s stock worth $158,493,000 after purchasing an additional 192,930 shares during the period. Maimon Wealth Management LTD. increased its holdings in shares of iShares Short Duration Bond Active ETF by 6.9% during the first quarter. Maimon Wealth Management LTD. now owns 163,160 shares of the company’s stock worth $8,279,000 after purchasing an additional 10,470 shares during the period. Finally, Parallel Advisors LLC increased its holdings in shares of iShares Short Duration Bond Active ETF by 5.5% during the first quarter. Parallel Advisors LLC now owns 7,354 shares of the company’s stock worth $374,000 after purchasing an additional 383 shares during the period.

iShares Short Duration Bond Active ETF Trading Up 0.1%

BATS NEAR opened at $50.44 on Friday. The company has a 50 day moving average of $50.57 and a 200-day moving average of $50.83. iShares Short Duration Bond Active ETF has a 1-year low of $50.38 and a 1-year 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.