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 stock traded as high as $50.76 and last traded at $50.75, with a volume of 172540 shares. The stock had previously closed at $50.63.

iShares Short Duration Bond Active ETF Trading Up 0.1 %

The business’s fifty day moving average is $50.85 and its two-hundred day moving average is $50.66.

iShares Short Duration Bond Active ETF Cuts Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Financial Avengers Inc. purchased a new stake in shares of iShares Short Duration Bond Active ETF in the 3rd quarter worth $26,000. Aptus Capital Advisors LLC purchased a new stake in iShares Short Duration Bond Active ETF in the third quarter worth about $30,000. Capstone Triton Financial Group LLC purchased a new stake in iShares Short Duration Bond Active ETF in the third quarter worth about $203,000. Ingalls & Snyder LLC bought a new position in iShares Short Duration Bond Active ETF during the 3rd quarter worth about $205,000. Finally, Private Trust Co. NA raised its holdings in shares of iShares Short Duration Bond Active ETF by 9.3% in the 3rd quarter. Private Trust Co. NA now owns 4,879 shares of the company’s stock valued at $250,000 after purchasing an additional 417 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.