BlackRock Short Duration Bond ETF (BATS:NEAR) Hits New 52-Week High at $50.89

Shares of BlackRock Short Duration Bond ETF (BATS:NEAR) hit a new 52-week high on Monday . The stock traded as high as $50.89 and last traded at $50.74, with a volume of 1109000 shares changing hands. The stock had previously closed at $50.83.

BlackRock Short Duration Bond ETF Trading Down 0.2 %

The firm has a 50-day moving average of $50.35 and a two-hundred day moving average of $50.32.

BlackRock Short Duration Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were given a $0.2132 dividend. The ex-dividend date of this dividend was Monday, July 1st. This is a boost from BlackRock Short Duration Bond ETF’s previous dividend of $0.20.

Institutional Trading of BlackRock Short Duration Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. DGS Capital Management LLC raised its holdings in shares of BlackRock Short Duration Bond ETF by 7.2% in the 1st quarter. DGS Capital Management LLC now owns 4,883 shares of the company’s stock valued at $246,000 after buying an additional 327 shares during the period. Tidemark LLC purchased a new stake in BlackRock Short Duration Bond ETF during the 4th quarter worth about $46,000. Able Wealth Management LLC purchased a new stake in BlackRock Short Duration Bond ETF during the 4th quarter worth about $49,000. Bank of New York Mellon Corp increased its holdings in BlackRock Short Duration Bond ETF by 10.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 10,762 shares of the company’s stock worth $542,000 after purchasing an additional 1,032 shares during the period. Finally, Westside Investment Management Inc. increased its holdings in BlackRock Short Duration Bond ETF by 4.5% during the 2nd quarter. Westside Investment Management Inc. now owns 30,200 shares of the company’s stock worth $1,521,000 after purchasing an additional 1,300 shares during the period.

BlackRock Short Duration Bond 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.