iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 12-Month High – Here’s What Happened

iShares Short Duration Bond Active ETF (BATS:NEAR)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $50.65 and last traded at $50.59, with a volume of 228983 shares traded. The stock had previously closed at $50.57.

iShares Short Duration Bond Active ETF Stock Performance

The business’s 50 day simple moving average is $51.00 and its 200 day simple moving average is $50.59.

iShares Short Duration Bond Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2099 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Aletheian Wealth Advisors LLC lifted its holdings in shares of iShares Short Duration Bond Active ETF by 3.1% in the 3rd quarter. Aletheian Wealth Advisors LLC now owns 20,320 shares of the company’s stock worth $1,041,000 after acquiring an additional 619 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake 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 in the last quarter. Bank of New York Mellon Corp boosted its position in shares of iShares Short Duration Bond Active ETF by 10.6% during the second quarter. Bank of New York Mellon Corp now owns 10,762 shares of the company’s stock worth $542,000 after buying an additional 1,032 shares during the period. Rosenberg Matthew Hamilton grew its stake in shares of iShares Short Duration Bond Active ETF by 6.8% in the third quarter. Rosenberg Matthew Hamilton now owns 18,433 shares of the company’s stock valued at $945,000 after buying an additional 1,172 shares in the last quarter. Finally, Westside Investment Management Inc. raised its holdings in shares of iShares Short Duration Bond Active ETF by 4.5% in the 2nd quarter. Westside Investment Management Inc. now owns 30,200 shares of the company’s stock valued at $1,521,000 after buying an additional 1,300 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.