iShares Short Duration Bond Active ETF (BATS:NEAR) Sets New 1-Year Low – Here’s What Happened

iShares Short Duration Bond Active ETF (BATS:NEAR) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $50.29 and last traded at $50.32, with a volume of 12804 shares traded. The stock had previously closed at $50.52.

iShares Short Duration Bond Active ETF Stock Up 0.1%

The firm has a fifty day moving average price of $50.51 and a 200 day moving average price of $50.70.

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

Institutional investors have recently made changes to their positions in the stock. Fortis Advisors LLC grew its stake in shares of iShares Short Duration Bond Active ETF by 1.6% during the 4th quarter. Fortis Advisors LLC now owns 14,489 shares of the company’s stock worth $740,000 after purchasing an additional 226 shares during the period. Lane Brothers & Co. Inc. boosted its holdings in iShares Short Duration Bond Active ETF by 1.5% during the first quarter. Lane Brothers & Co. Inc. now owns 17,676 shares of the company’s stock worth $899,000 after buying an additional 260 shares in the last quarter. AdvisorNet Financial Inc grew its position in iShares Short Duration Bond Active ETF by 10.5% during the first quarter. AdvisorNet Financial Inc now owns 3,238 shares of the company’s stock worth $165,000 after buying an additional 308 shares during the period. Capital Analysts LLC grew its position in iShares Short Duration Bond Active ETF by 2.4% during the fourth quarter. Capital Analysts LLC now owns 13,129 shares of the company’s stock worth $671,000 after buying an additional 311 shares during the period. Finally, Eagle Bluffs Wealth Management LLC increased its holdings in iShares Short Duration Bond Active ETF by 2.4% in the fourth quarter. Eagle Bluffs Wealth Management LLC now owns 15,302 shares of the company’s stock valued at $782,000 after buying an additional 352 shares in 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.