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

iShares Short Duration Bond Active ETF (BATS:NEAR) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $51.37 and last traded at $51.3450, with a volume of 2127409 shares changing hands. The stock had previously closed at $51.30.

iShares Short Duration Bond Active ETF Trading Up 0.1%

The business has a fifty day moving average price of $51.16 and a 200 day moving average price of $51.19.

Institutional Trading of iShares Short Duration Bond Active ETF

A number of hedge funds have recently bought and sold shares of the stock. Kelleher Financial Advisors bought a new position in shares of iShares Short Duration Bond Active ETF during the 3rd quarter worth about $26,000. Godfrey Financial Associates Inc. acquired a new stake in iShares Short Duration Bond Active ETF during the fourth quarter worth about $35,000. MidAtlantic Capital Management Inc. bought a new position in iShares Short Duration Bond Active ETF during the fourth quarter valued at about $46,000. AE Wealth Management LLC raised its holdings in iShares Short Duration Bond Active ETF by 27.1% in the 2nd quarter. AE Wealth Management LLC now owns 1,023 shares of the company’s stock valued at $52,000 after acquiring an additional 218 shares in the last quarter. Finally, Tower Research Capital LLC TRC acquired a new position in iShares Short Duration Bond Active ETF in the 2nd quarter valued at approximately $76,000.

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.