iShares Short Duration Bond Active ETF (BATS:NEAR) Sets New 1-Year High – Time to Buy?

iShares Short Duration Bond Active ETF (BATS:NEAR)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $50.55 and last traded at $50.54, with a volume of 391200 shares. The stock had previously closed at $50.41.

iShares Short Duration Bond Active ETF Trading Up 0.3 %

The business’s 50-day moving average is $50.57 and its 200-day moving average is $50.77.

iShares Short Duration Bond Active ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1953 per share. The ex-dividend date was Monday, February 3rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NEAR. Financial Avengers Inc. purchased a new position in iShares Short Duration Bond Active ETF during the third quarter worth approximately $26,000. Aptus Capital Advisors LLC acquired a new position in shares of iShares Short Duration Bond Active ETF during the 3rd quarter worth approximately $30,000. Hoese & Co LLP purchased a new position in shares of iShares Short Duration Bond Active ETF during the 4th quarter valued at approximately $30,000. Bartlett & CO. Wealth Management LLC acquired a new stake in iShares Short Duration Bond Active ETF in the 4th quarter valued at $44,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in iShares Short Duration Bond Active ETF during the fourth quarter worth $45,000.

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.