iShares Short Duration Bond Active ETF (BATS:NEAR) Sets New 52-Week High – Should You Buy?

iShares Short Duration Bond Active ETF (BATS:NEAR) shares reached a new 52-week high on Wednesday . The stock traded as high as $50.55 and last traded at $50.60, with a volume of 391200 shares traded. The stock had previously closed at $50.41.

iShares Short Duration Bond Active ETF Stock Performance

The firm has a 50 day moving average price of $50.58 and a two-hundred day moving average price of $50.75.

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

Large investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC boosted its stake in shares of iShares Short Duration Bond Active ETF by 4.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 21,049 shares of the company’s stock worth $1,079,000 after acquiring an additional 817 shares in the last quarter. Brookstone Capital Management boosted its stake in shares of iShares Short Duration Bond Active ETF by 3.6% during the 4th quarter. Brookstone Capital Management now owns 61,306 shares of the company’s stock worth $3,096,000 after acquiring an additional 2,156 shares in the last quarter. Westside Investment Management Inc. boosted its position in shares of iShares Short Duration Bond Active ETF by 5.0% in the fourth quarter. Westside Investment Management Inc. now owns 32,450 shares of the company’s stock worth $1,639,000 after buying an additional 1,550 shares during the period. Kwmg LLC boosted its position in shares of iShares Short Duration Bond Active ETF by 1.4% in the fourth quarter. Kwmg LLC now owns 272,955 shares of the company’s stock worth $13,784,000 after buying an additional 3,699 shares during the period. Finally, Alpha Cubed Investments LLC boosted its position in shares of iShares Short Duration Bond Active ETF by 22.1% in the fourth quarter. Alpha Cubed Investments LLC now owns 6,272 shares of the company’s stock worth $317,000 after buying an additional 1,137 shares during the period.

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.