BlackRock Short Duration Bond ETF (BATS:NEAR) Reaches New 1-Year High at $50.99

BlackRock Short Duration Bond ETF (BATS:NEAR) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $50.99 and last traded at $51.02, with a volume of 459667 shares. The stock had previously closed at $50.97.

BlackRock Short Duration Bond ETF Trading Up 0.1 %

The stock has a fifty day moving average of $50.56 and a 200-day moving average of $50.35.

BlackRock Short Duration Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a $0.2132 dividend. The ex-dividend date was Monday, July 1st. This is an increase from BlackRock Short Duration Bond ETF’s previous dividend of $0.20.

Institutional Investors Weigh In On BlackRock Short Duration Bond ETF

A number of hedge funds have recently added to or reduced their stakes in NEAR. Cassady Schiller Wealth Management LLC lifted its position in BlackRock Short Duration Bond ETF by 51.2% in the fourth quarter. Cassady Schiller Wealth Management LLC now owns 127,350 shares of the company’s stock valued at $6,434,000 after purchasing an additional 43,102 shares during the period. One Capital Management LLC lifted its position in BlackRock Short Duration Bond ETF by 468.9% in the second quarter. One Capital Management LLC now owns 24,120 shares of the company’s stock valued at $1,214,000 after purchasing an additional 19,880 shares during the period. Janney Montgomery Scott LLC acquired a new stake in BlackRock Short Duration Bond ETF in the first quarter valued at about $966,000. Staley Capital Advisers Inc. lifted its position in BlackRock Short Duration Bond ETF by 17.2% in the fourth quarter. Staley Capital Advisers Inc. now owns 111,150 shares of the company’s stock valued at $5,615,000 after purchasing an additional 16,300 shares during the period. Finally, Rollins Financial lifted its position in BlackRock Short Duration Bond ETF by 15.5% in the fourth quarter. Rollins Financial now owns 87,556 shares of the company’s stock valued at $4,423,000 after purchasing an additional 11,736 shares during the period.

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.