iShares Short Duration Bond Active ETF (BATS:NEAR) Sets New 52-Week High – Still a 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 $50.55 and last traded at $50.78, with a volume of 391200 shares traded. The stock had previously closed at $50.41.

iShares Short Duration Bond Active ETF Stock Up 0.8 %

The company has a fifty day simple moving average of $50.60 and a two-hundred day simple moving average of $50.76.

iShares Short Duration Bond Active ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1802 per share. The ex-dividend date was Monday, March 3rd.

Institutional Trading of iShares Short Duration Bond Active ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Financial Avengers Inc. purchased a new stake in iShares Short Duration Bond Active ETF in the third quarter valued at approximately $26,000. Aptus Capital Advisors LLC purchased a new stake in shares of iShares Short Duration Bond Active ETF during the 3rd quarter valued at $30,000. Hoese & Co LLP acquired a new stake in shares of iShares Short Duration Bond Active ETF during the 4th quarter worth $30,000. Hurley Capital LLC purchased a new position in shares of iShares Short Duration Bond Active ETF in the 4th quarter worth $33,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new position in iShares Short Duration Bond Active ETF in the fourth quarter valued at $44,000.

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.