iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 12-Month High – Should You Buy?

iShares Short Duration Bond Active ETF (BATS:NEAR) hit a new 52-week high on Monday . The stock traded as high as $50.55 and last traded at $50.78, with a volume of 391200 shares changing hands. The stock had previously closed at $50.41.

iShares Short Duration Bond Active ETF Stock Up 0.7 %

The company has a fifty day moving average price of $50.62 and a two-hundred day moving average price of $50.75.

iShares Short Duration Bond Active ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.1802 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Hedge Funds Weigh In On iShares Short Duration Bond Active ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of NEAR. Janney Montgomery Scott LLC grew its holdings in iShares Short Duration Bond Active ETF by 4.0% during the third quarter. Janney Montgomery Scott LLC now owns 21,049 shares of the company’s stock worth $1,079,000 after purchasing an additional 817 shares during the period. WealthPlan Investment Management LLC bought a new position in iShares Short Duration Bond Active ETF during the third quarter worth about $1,695,000. First Heartland Consultants Inc. grew its holdings in iShares Short Duration Bond Active ETF by 15.5% during the third quarter. First Heartland Consultants Inc. now owns 27,588 shares of the company’s stock worth $1,414,000 after purchasing an additional 3,700 shares during the period. Aptus Capital Advisors LLC bought a new position in iShares Short Duration Bond Active ETF during the third quarter worth about $30,000. Finally, Alexander Randolph Advisory Inc. grew its holdings in iShares Short Duration Bond Active ETF by 12.8% during the third quarter. Alexander Randolph Advisory Inc. now owns 272,341 shares of the company’s stock worth $13,955,000 after purchasing an additional 30,928 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.