Sugarloaf Wealth Management LLC Increases Position in iShares Short Duration Bond Active ETF (BATS:NEAR)

Sugarloaf Wealth Management LLC raised its position in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,074 shares of the company’s stock after purchasing an additional 289 shares during the period. Sugarloaf Wealth Management LLC’s holdings in iShares Short Duration Bond Active ETF were worth $509,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in NEAR. Financial Avengers Inc. purchased a new position in shares of iShares Short Duration Bond Active ETF during the 3rd quarter valued at about $26,000. Aptus Capital Advisors LLC purchased a new position in shares of iShares Short Duration Bond Active ETF during the third quarter worth approximately $30,000. Capstone Triton Financial Group LLC bought a new stake in shares of iShares Short Duration Bond Active ETF in the 3rd quarter worth approximately $203,000. Ingalls & Snyder LLC purchased a new stake in shares of iShares Short Duration Bond Active ETF in the 3rd quarter valued at $205,000. Finally, Private Trust Co. NA boosted its stake in shares of iShares Short Duration Bond Active ETF by 9.3% in the 3rd quarter. Private Trust Co. NA now owns 4,879 shares of the company’s stock valued at $250,000 after purchasing an additional 417 shares in the last quarter.

iShares Short Duration Bond Active ETF Price Performance

Shares of NEAR stock traded up $0.04 on Friday, hitting $50.52. 440,430 shares of the company’s stock traded hands. The company’s fifty day simple moving average is $50.60 and its 200 day simple moving average is $50.73. iShares Short Duration Bond Active ETF has a one year low of $50.10 and a one year high of $50.30.

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.