iShares Short Duration Bond Active ETF (BATS:NEAR) Reaches New 52-Week High – Still a Buy?

Shares of iShares Short Duration Bond Active ETF (BATS:NEAR) reached a new 52-week high on Monday . The stock traded as high as $50.55 and last traded at $50.73, with a volume of 391200 shares traded. The stock had previously closed at $50.41.

iShares Short Duration Bond Active ETF Trading Up 0.8 %

The stock has a fifty day moving average price of $50.54 and a two-hundred day moving average price of $50.76.

iShares Short Duration Bond Active ETF Cuts Dividend

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

Institutional Trading of iShares Short Duration Bond Active ETF

Institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new stake in shares of iShares Short Duration Bond Active ETF in the fourth quarter valued at approximately $67,220,000. Ameriprise Financial Inc. increased its stake in iShares Short Duration Bond Active ETF by 1,925.5% during the 4th quarter. Ameriprise Financial Inc. now owns 534,235 shares of the company’s stock worth $26,979,000 after acquiring an additional 507,860 shares during the period. Members Advisory Group LLC acquired a new position in iShares Short Duration Bond Active ETF in the 4th quarter valued at $18,047,000. Wells Fargo & Company MN raised its holdings in iShares Short Duration Bond Active ETF by 21.4% in the 4th quarter. Wells Fargo & Company MN now owns 1,943,763 shares of the company’s stock valued at $98,160,000 after acquiring an additional 342,089 shares in the last quarter. Finally, Union Bancaire Privee UBP SA bought a new stake in shares of iShares Short Duration Bond Active ETF during the 4th quarter valued at $16,479,000.

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.