iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 1-Year High – What’s Next?

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

iShares Short Duration Bond Active ETF Trading Up 0.6 %

The company’s 50-day moving average price is $50.54 and its 200-day moving average price is $50.76.

iShares Short Duration Bond Active ETF Cuts Dividend

The company also recently declared 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 modified their holdings of the company. Bramshill Investments LLC raised its position in iShares Short Duration Bond Active ETF by 8.7% in the 4th quarter. Bramshill Investments LLC now owns 3,223,956 shares of the company’s stock valued at $162,810,000 after buying an additional 258,816 shares during the last quarter. Clearwater Capital Advisors LLC grew its stake in shares of iShares Short Duration Bond Active ETF by 5.9% during the 4th quarter. Clearwater Capital Advisors LLC now owns 2,551,764 shares of the company’s stock worth $128,864,000 after acquiring an additional 143,128 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares Short Duration Bond Active ETF by 7.0% in the fourth quarter. LPL Financial LLC now owns 2,193,609 shares of the company’s stock valued at $110,777,000 after purchasing an additional 142,965 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares Short Duration Bond Active ETF by 21.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,943,763 shares of the company’s stock worth $98,160,000 after purchasing an additional 342,089 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of iShares Short Duration Bond Active ETF in the fourth quarter worth $67,220,000.

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.