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

iShares Short Duration Bond Active ETF (BATS:NEAR) reached a new 52-week high on Monday . The stock traded as high as $50.62 and last traded at $50.61, with a volume of 262329 shares traded. The stock had previously closed at $50.57.

iShares Short Duration Bond Active ETF Stock Up 0.1 %

The business has a 50 day simple moving average of $50.92 and a 200-day simple moving average of $50.63.

iShares Short Duration Bond Active ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid 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 added to or reduced their stakes in the company. InterOcean Capital Group LLC lifted its position in shares of iShares Short Duration Bond Active ETF by 4.3% in the 1st quarter. InterOcean Capital Group LLC now owns 254,965 shares of the company’s stock worth $12,866,000 after acquiring an additional 10,578 shares during the period. Westside Investment Management Inc. lifted its position in iShares Short Duration Bond Active ETF by 4.5% in the second 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. Pinnacle Wealth Management Advisory Group LLC boosted its stake in iShares Short Duration Bond Active ETF by 9.9% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 71,020 shares of the company’s stock worth $3,574,000 after buying an additional 6,418 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in iShares Short Duration Bond Active ETF by 10.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 10,762 shares of the company’s stock valued at $542,000 after buying an additional 1,032 shares during the period. Finally, Spinnaker Trust raised its stake in shares of iShares Short Duration Bond Active ETF by 47.6% in the 2nd quarter. Spinnaker Trust now owns 34,787 shares of the company’s stock valued at $1,751,000 after buying an additional 11,211 shares in the last quarter.

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.