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

Posted by Steve Reilly on Nov 14th, 2024

iShares Short Duration Bond Active ETF (BATS:NEAR – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $50.70 and last traded at $50.61, with a volume of 143705 shares trading hands. The stock had previously closed at $50.70.

iShares Short Duration Bond Active ETF Price Performance

The stock’s 50-day moving average price is $50.95 and its 200-day moving average price is $50.62.

iShares Short Duration Bond Active ETF Cuts Dividend

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

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Aptus Capital Advisors LLC bought a new stake in iShares Short Duration Bond Active ETF during the third quarter worth about $30,000. Capstone Triton Financial Group LLC bought a new stake in iShares Short Duration Bond Active ETF during the third quarter worth about $203,000. Private Trust Co. NA lifted its position in iShares Short Duration Bond Active ETF by 9.3% during the third quarter. Private Trust Co. NA now owns 4,879 shares of the company’s stock worth $250,000 after purchasing an additional 417 shares during the period. Rockwood Wealth Management LLC bought a new stake in iShares Short Duration Bond Active ETF during the third quarter worth about $255,000. Finally, Creative Planning bought a new stake in iShares Short Duration Bond Active ETF during the third quarter worth about $263,000.

About iShares Short Duration Bond Active ETF

(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.