Canal Insurance CO Cuts Stake in iShares Short Duration Bond Active ETF (BATS:NEAR)

Canal Insurance CO lessened its stake in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 22.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 78,000 shares of the company’s stock after selling 22,000 shares during the quarter. Canal Insurance CO’s holdings in iShares Short Duration Bond Active ETF were worth $3,983,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Cornell Pochily Investment Advisors Inc. purchased a new stake in iShares Short Duration Bond Active ETF in the fourth quarter worth $235,000. Union Bancaire Privee UBP SA bought a new position in shares of iShares Short Duration Bond Active ETF during the 4th quarter worth $16,479,000. Klaas Financial Asset Advisors LLC increased its holdings in iShares Short Duration Bond Active ETF by 2.5% in the 4th quarter. Klaas Financial Asset Advisors LLC now owns 177,275 shares of the company’s stock worth $8,952,000 after acquiring an additional 4,386 shares during the last quarter. Nikulski Financial Inc. raised its stake in iShares Short Duration Bond Active ETF by 31.6% in the 4th quarter. Nikulski Financial Inc. now owns 5,420 shares of the company’s stock valued at $274,000 after acquiring an additional 1,300 shares during the period. Finally, Pflug Koory LLC lifted its holdings in iShares Short Duration Bond Active ETF by 149.8% during the fourth quarter. Pflug Koory LLC now owns 7,530 shares of the company’s stock valued at $380,000 after purchasing an additional 4,515 shares during the last quarter.

iShares Short Duration Bond Active ETF Trading Up 0.6 %

Shares of BATS:NEAR opened at $50.72 on Tuesday. The company has a 50-day moving average price of $50.58 and a two-hundred day moving average price of $50.76. iShares Short Duration Bond Active ETF has a twelve month low of $50.10 and a twelve month high of $50.30.

iShares Short Duration Bond Active ETF 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.