BlackRock Short Duration Bond ETF (BATS:NEAR) Sets New 12-Month High – What’s Next?

BlackRock Short Duration Bond ETF (BATS:NEAR) hit a new 52-week high on Monday . The company traded as high as $51.03 and last traded at $50.84, with a volume of 235459 shares. The stock had previously closed at $50.87.

BlackRock Short Duration Bond ETF Stock Performance

The company has a fifty day moving average of $51.00 and a two-hundred day moving average of $50.51.

BlackRock Short Duration Bond ETF Cuts Dividend

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

Institutional Investors Weigh In On BlackRock Short Duration Bond ETF

Several institutional investors have recently made changes to their positions in NEAR. Janney Montgomery Scott LLC bought a new stake in shares of BlackRock Short Duration Bond ETF during the 1st quarter valued at $966,000. DGS Capital Management LLC grew its stake in BlackRock Short Duration Bond ETF by 7.2% during the first quarter. DGS Capital Management LLC now owns 4,883 shares of the company’s stock worth $246,000 after buying an additional 327 shares in the last quarter. Able Wealth Management LLC bought a new position in BlackRock Short Duration Bond ETF in the 4th quarter valued at about $49,000. First Citizens Financial Corp raised its position in shares of BlackRock Short Duration Bond ETF by 190.0% in the 3rd quarter. First Citizens Financial Corp now owns 62,001 shares of the company’s stock valued at $3,177,000 after buying an additional 40,621 shares in the last quarter. Finally, One Capital Management LLC lifted its stake in BlackRock Short Duration Bond ETF by 468.9% during the second quarter. One Capital Management LLC now owns 24,120 shares of the company’s stock worth $1,214,000 after purchasing an additional 19,880 shares during the last quarter.

BlackRock Short Duration Bond 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.