iShares Short Duration Bond Active ETF (BATS:NEAR) Reaches New 12-Month Low – Here’s What Happened

iShares Short Duration Bond Active ETF (BATS:NEARGet Free Report) shares hit a new 52-week low on Monday . The company traded as low as $50.32 and last traded at $50.38, with a volume of 26334 shares. The stock had previously closed at $50.55.

iShares Short Duration Bond Active ETF Stock Performance

The company has a fifty day simple moving average of $50.55 and a 200-day simple moving average of $50.80.

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

Large investors have recently made changes to their positions in the company. Valley National Advisers Inc. grew its holdings in shares of iShares Short Duration Bond Active ETF by 10.1% during the fourth quarter. Valley National Advisers Inc. now owns 180,042 shares of the company’s stock valued at $9,199,000 after buying an additional 16,523 shares in the last quarter. Carrera Capital Advisors acquired a new position in iShares Short Duration Bond Active ETF during the fourth quarter valued at $550,000. Peapack Gladstone Financial Corp lifted its stake in iShares Short Duration Bond Active ETF by 20.2% in the 4th quarter. Peapack Gladstone Financial Corp now owns 287,335 shares of the company’s stock worth $14,683,000 after acquiring an additional 48,277 shares in the last quarter. New Millennium Group LLC lifted its stake in iShares Short Duration Bond Active ETF by 803.0% in the 4th quarter. New Millennium Group LLC now owns 50,254 shares of the company’s stock worth $2,568,000 after acquiring an additional 44,689 shares in the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new stake in iShares Short Duration Bond Active ETF during the 4th quarter worth about $2,344,000.

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.

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