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

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

BlackRock Short Duration Bond ETF Price Performance

The stock has a fifty day moving average price of $50.32 and a two-hundred day moving average price of $50.24.

BlackRock Short Duration Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a $0.1987 dividend. The ex-dividend date was Monday, April 1st. This is an increase from BlackRock Short Duration Bond ETF’s previous dividend of $0.20.

Institutional Investors Weigh In On BlackRock Short Duration Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in NEAR. Tidemark LLC purchased a new stake in shares of BlackRock Short Duration Bond ETF in the fourth quarter valued at $46,000. Able Wealth Management LLC purchased a new stake in shares of BlackRock Short Duration Bond ETF in the fourth quarter valued at $49,000. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of BlackRock Short Duration Bond ETF in the fourth quarter valued at $72,000. Integrated Wealth Concepts LLC purchased a new stake in shares of BlackRock Short Duration Bond ETF in the second quarter valued at $205,000. Finally, Financial Sense Advisors Inc. purchased a new stake in shares of BlackRock Short Duration Bond ETF in the third quarter valued at $206,000.

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.