iShares Short Duration Bond Active ETF (BATS:NEAR) Reaches New 52-Week High – Should You Buy?

iShares Short Duration Bond Active ETF (BATS:NEARGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $50.55 and last traded at $50.61, with a volume of 391200 shares changing hands. The stock had previously closed at $50.41.

iShares Short Duration Bond Active ETF Price Performance

The company’s fifty day simple moving average is $50.54 and its 200 day simple moving average is $50.76.

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 paid a $0.1953 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Financial Avengers Inc. bought a new stake in shares of iShares Short Duration Bond Active ETF during the third quarter valued at approximately $26,000. Aptus Capital Advisors LLC bought a new position in shares of iShares Short Duration Bond Active ETF in the 3rd quarter worth about $30,000. Hoese & Co LLP purchased a new position in iShares Short Duration Bond Active ETF during the 4th quarter valued at about $30,000. Hurley Capital LLC bought a new stake in iShares Short Duration Bond Active ETF during the fourth quarter worth about $33,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new stake in iShares Short Duration Bond Active ETF in the fourth quarter worth about $44,000.

About iShares Short Duration Bond Active ETF

(Get Free Report)

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.

Further Reading

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