BlackRock Short Duration Bond ETF (BATS:NEAR) Reaches New 52-Week Low at $49.96

BlackRock Short Duration Bond ETF (BATS:NEAR) shares reached a new 52-week low on Tuesday . The stock traded as low as $49.96 and last traded at $49.99, with a volume of 245205 shares changing hands. The stock had previously closed at $50.02.

BlackRock Short Duration Bond ETF Trading Down 0.1 %

The business’s fifty day moving average is $50.31 and its 200-day moving average is $50.24.

BlackRock Short Duration Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.1987 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from BlackRock Short Duration Bond ETF’s previous dividend of $0.20.

Hedge Funds Weigh In On BlackRock Short Duration Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of NEAR. DGS Capital Management LLC raised its stake in shares of BlackRock Short Duration Bond ETF by 7.2% in the first quarter. DGS Capital Management LLC now owns 4,883 shares of the company’s stock valued at $246,000 after buying an additional 327 shares during the period. Baird Financial Group Inc. raised its stake in BlackRock Short Duration Bond ETF by 1.3% in the 4th quarter. Baird Financial Group Inc. now owns 29,666 shares of the company’s stock valued at $1,499,000 after acquiring an additional 390 shares during the period. Navis Wealth Advisors LLC raised its stake in BlackRock Short Duration Bond ETF by 0.5% in the 1st quarter. Navis Wealth Advisors LLC now owns 133,890 shares of the company’s stock valued at $6,637,000 after acquiring an additional 729 shares during the period. One Capital Management LLC lifted its holdings in BlackRock Short Duration Bond ETF by 22.1% during the third quarter. One Capital Management LLC now owns 4,970 shares of the company’s stock valued at $248,000 after purchasing an additional 900 shares during the last quarter. Finally, Tidemark LLC bought a new position in BlackRock Short Duration Bond ETF during the fourth quarter worth about $46,000.

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.