Envestnet Asset Management Inc. Sells 3,383,993 Shares of iShares Short Maturity Bond ETF (BATS:NEAR)

Envestnet Asset Management Inc. reduced its position in iShares Short Maturity Bond ETF (BATS:NEAR) by 17.2% during the second quarter, Holdings Channel reports. The institutional investor owned 16,336,044 shares of the company’s stock after selling 3,383,993 shares during the quarter. iShares Short Maturity Bond ETF comprises 1.0% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 18th largest holding. Envestnet Asset Management Inc.’s holdings in iShares Short Maturity Bond ETF were worth $822,193,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its stake in iShares Short Maturity Bond ETF by 27.2% in the 1st quarter. Wells Fargo & Company MN now owns 4,288,326 shares of the company’s stock worth $215,445,000 after purchasing an additional 916,207 shares in the last quarter. FMR LLC boosted its stake in iShares Short Maturity Bond ETF by 36.4% in the 1st quarter. FMR LLC now owns 1,870,670 shares of the company’s stock worth $93,982,000 after purchasing an additional 499,200 shares in the last quarter. MML Investors Services LLC boosted its stake in iShares Short Maturity Bond ETF by 29.5% in the 1st quarter. MML Investors Services LLC now owns 1,590,495 shares of the company’s stock worth $79,906,000 after purchasing an additional 361,982 shares in the last quarter. RiverFront Investment Group LLC acquired a new stake in iShares Short Maturity Bond ETF in the 1st quarter worth approximately $61,210,000. Finally, VisionPoint Advisory Group LLC boosted its stake in iShares Short Maturity Bond ETF by 3.3% in the 1st quarter. VisionPoint Advisory Group LLC now owns 1,135,498 shares of the company’s stock worth $57,047,000 after purchasing an additional 36,441 shares in the last quarter.

NEAR stock traded up $0.01 during trading on Thursday, reaching $50.29. The company had a trading volume of 480,615 shares. iShares Short Maturity Bond ETF has a twelve month low of $50.10 and a twelve month high of $50.30. The business has a 50-day simple moving average of $50.28.

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Want to see what other hedge funds are holding NEAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Short Maturity Bond ETF (BATS:NEAR).

Institutional Ownership by Quarter for iShares Short Maturity Bond ETF (BATS:NEAR)

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