BlackRock Short Duration Bond ETF (BATS:NEAR) Reaches New 52-Week High at $50.89

BlackRock Short Duration Bond ETF (BATS:NEAR)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $50.89 and last traded at $50.74, with a volume of 1109000 shares. The stock had previously closed at $50.83.

BlackRock Short Duration Bond ETF Trading Down 0.2 %

The company’s fifty day simple moving average is $50.35 and its two-hundred day simple moving average is $50.32.

BlackRock Short Duration Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a dividend of $0.2132 per share. The ex-dividend date of this dividend was Monday, July 1st. This is a positive change from BlackRock Short Duration Bond ETF’s previous dividend of $0.20.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of NEAR. Spinnaker Trust boosted its holdings in BlackRock Short Duration Bond ETF by 47.6% in the 2nd quarter. Spinnaker Trust now owns 34,787 shares of the company’s stock valued at $1,751,000 after purchasing an additional 11,211 shares during the period. Bank of New York Mellon Corp boosted its stake in BlackRock Short Duration Bond ETF by 10.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 10,762 shares of the company’s stock worth $542,000 after acquiring an additional 1,032 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its stake in BlackRock Short Duration Bond ETF by 9.9% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 71,020 shares of the company’s stock valued at $3,574,000 after buying an additional 6,418 shares in the last quarter. Westside Investment Management Inc. raised its holdings in shares of BlackRock Short Duration Bond ETF by 4.5% in the second quarter. Westside Investment Management Inc. now owns 30,200 shares of the company’s stock valued at $1,521,000 after purchasing an additional 1,300 shares during the last quarter. Finally, InterOcean Capital Group LLC raised its holdings in shares of BlackRock Short Duration Bond ETF by 4.3% in the first quarter. InterOcean Capital Group LLC now owns 254,965 shares of the company’s stock valued at $12,866,000 after purchasing an additional 10,578 shares during the last quarter.

BlackRock Short Duration Bond 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.