iShares Short Duration Bond Active ETF (BATS:NEAR) Reaches New 12-Month High – Time to Buy?

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

iShares Short Duration Bond Active ETF Price Performance

The stock’s 50-day moving average price is $50.58 and its two-hundred day moving average price is $50.75.

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Nikulski Financial Inc. boosted its position in shares of iShares Short Duration Bond Active ETF by 31.6% in the 4th quarter. Nikulski Financial Inc. now owns 5,420 shares of the company’s stock worth $274,000 after purchasing an additional 1,300 shares in the last quarter. Pflug Koory LLC boosted its holdings in iShares Short Duration Bond Active ETF by 149.8% in the fourth quarter. Pflug Koory LLC now owns 7,530 shares of the company’s stock worth $380,000 after acquiring an additional 4,515 shares in the last quarter. Bartlett & CO. Wealth Management LLC bought a new stake in iShares Short Duration Bond Active ETF in the fourth quarter worth $44,000. Westside Investment Management Inc. grew its stake 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 acquiring an additional 1,550 shares during the last quarter. Finally, Investment Advisory Group LLC increased its holdings in shares of iShares Short Duration Bond Active ETF by 7.2% during the fourth quarter. Investment Advisory Group LLC now owns 19,213 shares of the company’s stock valued at $970,000 after acquiring an additional 1,290 shares in the last quarter.

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.