iShares Short Duration Bond Active ETF (BATS:NEAR) Reaches New 1-Year Low – Time to Sell?

iShares Short Duration Bond Active ETF (BATS:NEARGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $50.45 and last traded at $50.46, with a volume of 37608 shares changing hands. The stock had previously closed at $50.66.

iShares Short Duration Bond Active ETF Trading Down 0.4%

The firm has a fifty day simple moving average of $50.68 and a two-hundred day simple moving average of $50.91.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Kelleher Financial Advisors purchased a new stake in iShares Short Duration Bond Active ETF in the 3rd quarter worth about $26,000. Godfrey Financial Associates Inc. purchased a new stake in iShares Short Duration Bond Active ETF during the fourth quarter valued at about $35,000. MidAtlantic Capital Management Inc. bought a new position in iShares Short Duration Bond Active ETF during the fourth quarter worth about $46,000. Tower Research Capital LLC TRC bought a new position in iShares Short Duration Bond Active ETF during the second quarter worth about $76,000. Finally, Maseco LLP purchased a new position in shares of iShares Short Duration Bond Active ETF in the fourth quarter worth about $88,000.

About iShares Short Duration Bond Active ETF

(Get Free Report)

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.

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