iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 1-Year High – Time to Buy?

Posted by Stacy Sanders on Dec 11th, 2024

iShares Short Duration Bond Active ETF (BATS:NEAR – Get Free Report)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $50.81 and last traded at $50.80, with a volume of 276779 shares. The stock had previously closed at $50.80.

iShares Short Duration Bond Active ETF Price Performance

The business has a 50 day simple moving average of $50.76 and a 200 day simple moving average of $50.69.

Hedge Funds Weigh In On iShares Short Duration Bond Active ETF

A number of large investors have recently modified their holdings of NEAR. Sanctuary Advisors LLC raised its position in iShares Short Duration Bond Active ETF by 16.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 94,364 shares of the company’s stock worth $4,778,000 after purchasing an additional 13,229 shares during the last quarter. Financial Avengers Inc. bought a new stake in shares of iShares Short Duration Bond Active ETF during the third quarter worth $26,000. MML Investors Services LLC lifted its stake in shares of iShares Short Duration Bond Active ETF by 0.5% during the third quarter. MML Investors Services LLC now owns 156,189 shares of the company’s stock valued at $8,003,000 after acquiring an additional 842 shares during the period. Ingalls & Snyder LLC acquired a new position in shares of iShares Short Duration Bond Active ETF during the third quarter valued at $205,000. Finally, HighTower Advisors LLC boosted its holdings in iShares Short Duration Bond Active ETF by 9.4% in the third quarter. HighTower Advisors LLC now owns 233,075 shares of the company’s stock valued at $11,942,000 after acquiring an additional 19,982 shares during the last quarter.

iShares Short Duration Bond Active ETF Company Profile

(Get Free Report)

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.