iShares Short Duration Bond Active ETF (BATS:NEAR – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $50.20 and last traded at $50.2150, with a volume of 20438 shares trading hands. The stock had previously closed at $50.29.
iShares Short Duration Bond Active ETF Stock Down 0.2%
The company’s 50 day moving average price is $50.48 and its two-hundred day moving average price is $50.67.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in NEAR. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Short Duration Bond Active ETF by 2,461.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,833,023 shares of the company’s stock valued at $195,867,000 after acquiring an additional 3,683,358 shares during the period. Axxcess Wealth Management LLC raised its holdings in iShares Short Duration Bond Active ETF by 269.2% in the 4th quarter. Axxcess Wealth Management LLC now owns 715,788 shares of the company’s stock worth $36,577,000 after purchasing an additional 521,925 shares during the period. NewEdge Advisors LLC raised its holdings in iShares Short Duration Bond Active ETF by 94.9% in the 1st quarter. NewEdge Advisors LLC now owns 914,401 shares of the company’s stock worth $46,484,000 after purchasing an additional 445,163 shares during the period. Corient Private Wealth LLC purchased a new position in iShares Short Duration Bond Active ETF during the second quarter valued at $15,660,000. Finally, Bank of America Corp DE lifted its position in iShares Short Duration Bond Active ETF by 8.8% during the second quarter. Bank of America Corp DE now owns 3,503,322 shares of the company’s stock valued at $179,020,000 after purchasing an additional 284,084 shares in the last quarter.
About iShares Short Duration Bond Active 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.
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