iShares Short Duration Bond Active ETF (BATS:NEAR) Sets New 1-Year High – Time to Buy?

iShares Short Duration Bond Active ETF (BATS:NEAR)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $50.55 and last traded at $50.58, with a volume of 391200 shares traded. The stock had previously closed at $50.41.

iShares Short Duration Bond Active ETF Stock Performance

The business has a 50 day moving average of $50.59 and a 200 day moving average of $50.74.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Hoese & Co LLP bought a new position in iShares Short Duration Bond Active ETF during the fourth quarter valued at $30,000. LVW Advisors LLC raised its position in shares of iShares Short Duration Bond Active ETF by 13.0% during the 4th quarter. LVW Advisors LLC now owns 50,567 shares of the company’s stock valued at $2,554,000 after buying an additional 5,800 shares in the last quarter. Integrated Investment Consultants LLC lifted its holdings in shares of iShares Short Duration Bond Active ETF by 75.2% in the 4th quarter. Integrated Investment Consultants LLC now owns 174,905 shares of the company’s stock valued at $8,833,000 after acquiring an additional 75,063 shares during the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH grew its position in iShares Short Duration Bond Active ETF by 21.5% in the fourth quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 7,694 shares of the company’s stock worth $389,000 after acquiring an additional 1,361 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its stake in iShares Short Duration Bond Active ETF by 16.5% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,576 shares of the company’s stock worth $282,000 after acquiring an additional 788 shares during the last quarter.

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.