iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 52-Week High – Still a Buy?

Shares of iShares Short Duration Bond Active ETF (BATS:NEAR) hit a new 52-week high during trading on Monday . The company traded as high as $50.79 and last traded at $50.73, with a volume of 253572 shares traded. The stock had previously closed at $50.71.

iShares Short Duration Bond Active ETF Stock Performance

The firm’s 50-day moving average price is $50.74 and its 200 day moving average price is $50.71.

Institutional Trading of iShares Short Duration Bond Active ETF

Several hedge funds have recently added to or reduced their stakes in the business. Financial Avengers Inc. acquired a new position in iShares Short Duration Bond Active ETF in the third quarter valued at about $26,000. Aptus Capital Advisors LLC bought a new stake in shares of iShares Short Duration Bond Active ETF in the third quarter valued at about $30,000. Capstone Triton Financial Group LLC acquired a new position in iShares Short Duration Bond Active ETF during the 3rd quarter worth approximately $203,000. Ingalls & Snyder LLC bought a new position in shares of iShares Short Duration Bond Active ETF in the 3rd quarter valued at about $205,000. Finally, Private Trust Co. NA boosted its holdings in shares of iShares Short Duration Bond Active ETF by 9.3% in the 3rd quarter. Private Trust Co. NA now owns 4,879 shares of the company’s stock valued at $250,000 after buying an additional 417 shares during 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.