iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 12-Month High – Should You Buy?

Shares of iShares Short Duration Bond Active ETF (BATS:NEAR) hit a new 52-week high during trading on Monday . The stock traded as high as $50.95 and last traded at $50.86, with a volume of 241431 shares traded. The stock had previously closed at $50.94.

iShares Short Duration Bond Active ETF Stock Down 0.1 %

The stock has a 50 day moving average of $51.02 and a 200 day moving average of $50.55.

iShares Short Duration Bond Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.2099 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares Short Duration Bond Active ETF

Several large investors have recently added to or reduced their stakes in NEAR. First Citizens Financial Corp raised its holdings in shares of iShares Short Duration Bond Active ETF by 190.0% during the third quarter. First Citizens Financial Corp now owns 62,001 shares of the company’s stock worth $3,177,000 after purchasing an additional 40,621 shares during the period. International Assets Investment Management LLC grew its position in shares of iShares Short Duration Bond Active ETF by 7,778.4% during the 3rd quarter. International Assets Investment Management LLC now owns 25,211 shares of the company’s stock valued at $1,292,000 after buying an additional 24,891 shares during the last quarter. One Capital Management LLC raised its stake in iShares Short Duration Bond Active ETF by 468.9% during the second quarter. One Capital Management LLC now owns 24,120 shares of the company’s stock worth $1,214,000 after acquiring an additional 19,880 shares during the period. Janney Montgomery Scott LLC bought a new position in iShares Short Duration Bond Active ETF in the first quarter worth about $966,000. Finally, Proathlete Wealth Management LLC boosted its stake in iShares Short Duration Bond Active ETF by 11.5% in the third quarter. Proathlete Wealth Management LLC now owns 124,255 shares of the company’s stock valued at $6,367,000 after acquiring an additional 12,804 shares during the period.

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.