iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 12-Month Low – Here’s Why

iShares Short Duration Bond Active ETF (BATS:NEARGet Free Report)’s stock price reached a new 52-week low on Tuesday . The company 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 Performance

The business’s 50-day moving average is $50.52 and its 200-day moving average is $50.72.

Hedge Funds Weigh In On iShares Short Duration Bond Active ETF

A number of institutional investors and hedge funds have recently made changes to their positions in NEAR. Kelleher Financial Advisors bought a new stake in shares of iShares Short Duration Bond Active ETF in the 3rd quarter worth approximately $26,000. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares Short Duration Bond Active ETF in the 4th quarter worth approximately $35,000. MidAtlantic Capital Management Inc. bought a new position in iShares Short Duration Bond Active ETF during the 4th quarter valued at approximately $46,000. First Bancorp Inc ME bought a new position in iShares Short Duration Bond Active ETF during the 2nd quarter valued at approximately $51,000. Finally, Tower Research Capital LLC TRC purchased a new position in iShares Short Duration Bond Active ETF during the second quarter valued at $76,000.

About iShares Short Duration Bond Active ETF

(Get Free Report)

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.

Further Reading

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