iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 1-Year High – What’s Next?

iShares Short Duration Bond Active ETF (BATS:NEAR)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $50.55 and last traded at $50.73, with a volume of 391200 shares trading hands. The stock had previously closed at $50.41.

iShares Short Duration Bond Active ETF Price Performance

The company’s 50 day moving average is $50.54 and its 200 day moving average is $50.76.

iShares Short Duration Bond Active ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.1953 per share. The ex-dividend date of this dividend was Monday, February 3rd.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Financial Avengers Inc. acquired a new stake in iShares Short Duration Bond Active ETF during the third quarter worth approximately $26,000. Aptus Capital Advisors LLC acquired a new stake in iShares Short Duration Bond Active ETF in the third quarter valued at about $30,000. Hoese & Co LLP bought a new position in iShares Short Duration Bond Active ETF in the fourth quarter valued at about $30,000. Hurley Capital LLC acquired a new position in iShares Short Duration Bond Active ETF during the fourth quarter worth about $33,000. Finally, Bartlett & CO. Wealth Management LLC bought a new position in shares of iShares Short Duration Bond Active ETF in the fourth quarter worth about $44,000.

About iShares Short Duration Bond Active ETF

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.