BlackRock Short Duration Bond ETF (BATS:NEAR) Reaches New 1-Year Low at $50.06

BlackRock Short Duration Bond ETF (BATS:NEAR) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $50.06 and last traded at $50.13, with a volume of 246760 shares. The stock had previously closed at $50.09.

BlackRock Short Duration Bond ETF Price Performance

The firm has a 50-day moving average price of $50.19 and a 200 day moving average price of $50.31.

BlackRock Short Duration Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be paid a dividend of $0.2132 per share. The ex-dividend date of this dividend is Monday, July 1st. This is an increase from BlackRock Short Duration Bond ETF’s previous dividend of $0.20.

Institutional Trading of BlackRock Short Duration Bond ETF

Several large investors have recently made changes to their positions in the stock. InterOcean Capital Group LLC boosted its stake in shares of BlackRock Short Duration Bond ETF by 4.3% during the 1st quarter. InterOcean Capital Group LLC now owns 254,965 shares of the company’s stock worth $12,866,000 after acquiring an additional 10,578 shares in the last quarter. Staley Capital Advisers Inc. lifted its position in shares of BlackRock Short Duration Bond ETF by 4.9% during the 1st quarter. Staley Capital Advisers Inc. now owns 116,650 shares of the company’s stock worth $5,886,000 after purchasing an additional 5,500 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of BlackRock Short Duration Bond ETF during the 1st quarter worth about $966,000. Klaas Financial Asset Advisors LLC raised its holdings in BlackRock Short Duration Bond ETF by 2.2% in the 1st quarter. Klaas Financial Asset Advisors LLC now owns 156,730 shares of the company’s stock valued at $7,909,000 after acquiring an additional 3,418 shares in the last quarter. Finally, Westside Investment Management Inc. raised its holdings in BlackRock Short Duration Bond ETF by 27.9% in the 1st quarter. Westside Investment Management Inc. now owns 28,900 shares of the company’s stock valued at $1,458,000 after acquiring an additional 6,300 shares in the last quarter.

About BlackRock Short Duration Bond ETF

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.