iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 12-Month 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 $50.95 and last traded at $50.86, with a volume of 241431 shares changing hands. The stock had previously closed at $50.94.

iShares Short Duration Bond Active ETF Stock Down 0.1 %

The firm’s 50-day moving average price is $51.02 and its two-hundred day moving average price is $50.55.

iShares Short Duration Bond Active ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.2099 dividend. The ex-dividend date was Tuesday, September 3rd.

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

Institutional investors have recently bought and sold shares of the business. DGS Capital Management LLC boosted its holdings in shares of iShares Short Duration Bond Active ETF by 7.2% during the first quarter. DGS Capital Management LLC now owns 4,883 shares of the company’s stock worth $246,000 after purchasing an additional 327 shares during the period. Rockwood Wealth Management LLC acquired a new position in iShares Short Duration Bond Active ETF in the 3rd quarter worth about $255,000. Creative Planning acquired a new position in iShares Short Duration Bond Active ETF in the 3rd quarter worth about $263,000. Marshall Financial Group LLC acquired a new position in iShares Short Duration Bond Active ETF in the third quarter worth approximately $279,000. Finally, Bank of New York Mellon Corp raised its position in iShares Short Duration Bond Active ETF by 10.6% during the second quarter. Bank of New York Mellon Corp now owns 10,762 shares of the company’s stock valued at $542,000 after acquiring an additional 1,032 shares in the last quarter.

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.