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

by · The Markets Daily

iShares Short Duration Bond Active ETF (BATS:NEAR – Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as $50.20 and last traded at $50.2150, with a volume of 20438 shares traded. The stock had previously closed at $50.29.

iShares Short Duration Bond Active ETF Stock Performance

The stock has a 50-day moving average price of $50.48 and a two-hundred day moving average price of $50.67.

Hedge Funds Weigh In On iShares Short Duration Bond Active ETF

Several large investors have recently added to or reduced their stakes in the company. Capital Analysts LLC boosted its position in shares of iShares Short Duration Bond Active ETF by 15.5% in the second quarter. Capital Analysts LLC now owns 14,738 shares of the company’s stock worth $746,000 after purchasing an additional 1,978 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of iShares Short Duration Bond Active ETF by 196.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 42,143 shares of the company’s stock valued at $2,135,000 after purchasing an additional 27,939 shares during the period. RFG Advisory LLC bought a new stake in shares of iShares Short Duration Bond Active ETF during the 2nd quarter valued at $230,000. Baird Financial Group Inc. lifted its stake in shares of iShares Short Duration Bond Active ETF by 23.9% during the 2nd quarter. Baird Financial Group Inc. now owns 152,361 shares of the company’s stock valued at $7,719,000 after buying an additional 29,410 shares in the last quarter. Finally, Shah Wealth Advisors LLC purchased a new position in shares of iShares Short Duration Bond Active ETF during the 2nd quarter valued at $917,000.

iShares Short Duration Bond Active ETF Company Profile

(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.

Recommended Stories