iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 1-Year High – Should You Buy?

Shares of iShares Short Duration Bond Active ETF (BATS:NEAR) reached a new 52-week high during trading on Monday . The company 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 Stock Up 0.3 %

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

iShares Short Duration Bond Active ETF Cuts Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its position in iShares Short Duration Bond Active ETF by 4.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 21,049 shares of the company’s stock worth $1,079,000 after buying an additional 817 shares during the period. Brookstone Capital Management lifted its holdings in shares of iShares Short Duration Bond Active ETF by 3.6% during the fourth quarter. Brookstone Capital Management now owns 61,306 shares of the company’s stock worth $3,096,000 after purchasing an additional 2,156 shares during the period. Westside Investment Management Inc. grew its stake in shares of iShares Short Duration Bond Active ETF by 5.0% in the fourth quarter. Westside Investment Management Inc. now owns 32,450 shares of the company’s stock worth $1,639,000 after purchasing an additional 1,550 shares during the last quarter. Kwmg LLC grew its stake in shares of iShares Short Duration Bond Active ETF by 1.4% in the fourth quarter. Kwmg LLC now owns 272,955 shares of the company’s stock worth $13,784,000 after purchasing an additional 3,699 shares during the last quarter. Finally, Alpha Cubed Investments LLC increased its holdings in iShares Short Duration Bond Active ETF by 22.1% in the fourth quarter. Alpha Cubed Investments LLC now owns 6,272 shares of the company’s stock valued at $317,000 after purchasing an additional 1,137 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.