iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 12-Month High – What’s Next?

iShares Short Duration Bond Active ETF (BATS:NEAR) shares reached a new 52-week high on Monday . The company traded as high as $50.85 and last traded at $50.67, with a volume of 280959 shares. The stock had previously closed at $50.84.

iShares Short Duration Bond Active ETF Price Performance

The business has a 50-day simple moving average of $50.83 and a two-hundred day simple moving average of $50.67.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. D.A. Davidson & CO. increased its position in iShares Short Duration Bond Active ETF by 2.7% during the 3rd quarter. D.A. Davidson & CO. now owns 10,760 shares of the company’s stock valued at $551,000 after buying an additional 280 shares in the last quarter. Private Trust Co. NA increased its position in iShares Short Duration Bond Active ETF by 9.3% during the third quarter. Private Trust Co. NA now owns 4,879 shares of the company’s stock valued at $250,000 after acquiring an additional 417 shares during the last quarter. Financial Avengers Inc. purchased a new stake in iShares Short Duration Bond Active ETF during the third quarter valued at $26,000. Aptus Capital Advisors LLC bought a new stake in iShares Short Duration Bond Active ETF during the third quarter valued at about $30,000. Finally, Aletheian Wealth Advisors LLC grew its holdings in iShares Short Duration Bond Active ETF by 3.1% during the third quarter. Aletheian Wealth Advisors LLC now owns 20,320 shares of the company’s stock valued at $1,041,000 after purchasing an additional 619 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.