BlackRock Short Duration Bond ETF (BATS:NEAR) Reaches New 1-Year High at $51.24

BlackRock Short Duration Bond ETF (BATS:NEAR) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $51.24 and last traded at $51.23, with a volume of 225956 shares trading hands. The stock had previously closed at $51.18.

BlackRock Short Duration Bond ETF Price Performance

The company has a 50-day moving average of $50.78 and a 200-day moving average of $50.41.

BlackRock Short Duration Bond ETF Cuts Dividend

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

Hedge Funds Weigh In On BlackRock Short Duration Bond ETF

A number of large investors have recently bought and sold shares of the company. InterOcean Capital Group LLC raised 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 purchasing an additional 10,578 shares in the last quarter. Klaas Financial Asset Advisors LLC raised its stake in shares of BlackRock Short Duration Bond ETF by 2.2% during the 1st quarter. Klaas Financial Asset Advisors LLC now owns 156,730 shares of the company’s stock worth $7,909,000 after purchasing an additional 3,418 shares in the last quarter. Cassady Schiller Wealth Management LLC raised its stake in shares of BlackRock Short Duration Bond ETF by 51.2% during the 4th quarter. Cassady Schiller Wealth Management LLC now owns 127,350 shares of the company’s stock worth $6,434,000 after purchasing an additional 43,102 shares in the last quarter. Staley Capital Advisers Inc. raised its stake 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 in the last quarter. Finally, Rollins Financial raised its stake in shares of BlackRock Short Duration Bond ETF by 15.5% during the 4th quarter. Rollins Financial now owns 87,556 shares of the company’s stock worth $4,423,000 after purchasing an additional 11,736 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.