Marshall Financial Group LLC Cuts Holdings in iShares Short Duration Bond Active ETF (BATS:NEAR)

Marshall Financial Group LLC lowered its holdings in iShares Short Duration Bond Active ETF (BATS:NEAR) by 12.4% in the 1st quarter, Holdings Channel reports. The firm owned 4,822 shares of the company’s stock after selling 684 shares during the period. Marshall Financial Group LLC’s holdings in iShares Short Duration Bond Active ETF were worth $245,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Hurley Capital LLC purchased a new stake in shares of iShares Short Duration Bond Active ETF during the fourth quarter valued at $33,000. MidAtlantic Capital Management Inc. bought a new position in iShares Short Duration Bond Active ETF during the 4th quarter valued at about $45,000. GAMMA Investing LLC purchased a new stake in shares of iShares Short Duration Bond Active ETF during the 1st quarter valued at about $80,000. Glass Jacobson Investment Advisors llc grew its stake in shares of iShares Short Duration Bond Active ETF by 79.9% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 1,738 shares of the company’s stock worth $88,000 after acquiring an additional 772 shares during the period. Finally, Bessemer Group Inc. purchased a new position in shares of iShares Short Duration Bond Active ETF during the fourth quarter valued at approximately $89,000.

iShares Short Duration Bond Active ETF Stock Performance

Shares of iShares Short Duration Bond Active ETF stock opened at $50.80 on Friday. iShares Short Duration Bond Active ETF has a twelve month low of $50.06 and a twelve month high of $51.40. The company’s 50 day moving average is $50.75 and its 200 day moving average is $50.68.

iShares Short Duration Bond Active ETF Company 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.