iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 1-Year High – What’s Next?

iShares Short Duration Bond Active ETF (BATS:NEAR)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $50.55 and last traded at $50.72, with a volume of 391200 shares. The stock had previously closed at $50.41.

iShares Short Duration Bond Active ETF Trading Up 0.6 %

The stock’s fifty day simple moving average is $50.58 and its two-hundred day simple moving average is $50.76.

Hedge Funds Weigh In On iShares Short Duration Bond Active ETF

Institutional investors have recently modified their holdings of the company. Financial Avengers Inc. bought a new position in shares of iShares Short Duration Bond Active ETF during the third quarter worth about $26,000. Aptus Capital Advisors LLC acquired a new position in iShares Short Duration Bond Active ETF during the 3rd quarter valued at about $30,000. Hoese & Co LLP acquired a new position in iShares Short Duration Bond Active ETF during the 4th quarter valued at about $30,000. Bartlett & CO. Wealth Management LLC acquired a new position in shares of iShares Short Duration Bond Active ETF in the 4th quarter worth approximately $44,000. Finally, Capstone Triton Financial Group LLC acquired a new position in shares of iShares Short Duration Bond Active ETF in the 3rd quarter worth approximately $203,000.

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.