BlackRock Short Duration Bond ETF (BATS:NEAR) Sets New 52-Week High at $50.30

BlackRock Short Duration Bond ETF (BATS:NEAR)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $50.30 and last traded at $50.22, with a volume of 228365 shares trading hands. The stock had previously closed at $50.13.

BlackRock Short Duration Bond ETF Price Performance

The business has a 50 day simple moving average of $50.13 and a 200-day simple moving average of $50.31.

BlackRock Short Duration Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were paid a $0.2035 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This is an increase from BlackRock Short Duration Bond ETF’s previous dividend of $0.20.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Tidemark LLC bought a new position in shares of BlackRock Short Duration Bond ETF during the 4th quarter worth $46,000. Able Wealth Management LLC bought a new position in shares of BlackRock Short Duration Bond ETF during the 4th quarter worth $49,000. Vermillion & White Wealth Management Group LLC bought a new position in shares of BlackRock Short Duration Bond ETF during the 4th quarter worth $72,000. DGS Capital Management LLC grew its stake in shares of BlackRock Short Duration Bond ETF by 7.2% during the 1st quarter. DGS Capital Management LLC now owns 4,883 shares of the company’s stock worth $246,000 after acquiring an additional 327 shares during the period. Finally, Integrated Investment Consultants LLC bought a new position in shares of BlackRock Short Duration Bond ETF during the 4th quarter worth $361,000.

About BlackRock Short Duration Bond 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.