iShares Short Duration Bond Active ETF (BATS:NEAR) Sets New 52-Week High – Should You Buy?

iShares Short Duration Bond Active ETF (BATS:NEAR)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $50.55 and last traded at $50.60, with a volume of 391200 shares traded. The stock had previously closed at $50.41.

iShares Short Duration Bond Active ETF Trading Up 0.4 %

The company has a fifty day moving average of $50.58 and a 200-day moving average of $50.75.

Hedge Funds Weigh In On iShares Short Duration Bond Active ETF

Several institutional investors have recently bought and sold shares of NEAR. First Citizens Financial Corp raised its holdings in iShares Short Duration Bond Active ETF by 190.0% during the third quarter. First Citizens Financial Corp now owns 62,001 shares of the company’s stock valued at $3,177,000 after buying an additional 40,621 shares in the last quarter. Creative Planning bought a new position in iShares Short Duration Bond Active ETF during the third quarter valued at about $263,000. FinTrust Capital Advisors LLC raised its holdings in iShares Short Duration Bond Active ETF by 1.5% during the third quarter. FinTrust Capital Advisors LLC now owns 162,471 shares of the company’s stock valued at $8,325,000 after buying an additional 2,374 shares in the last quarter. Clayton Financial Group LLC raised its holdings in iShares Short Duration Bond Active ETF by 15.4% during the third quarter. Clayton Financial Group LLC now owns 71,946 shares of the company’s stock valued at $3,686,000 after buying an additional 9,624 shares in the last quarter. Finally, Oxinas Partners Wealth Management LLC raised its holdings in iShares Short Duration Bond Active ETF by 36.0% during the third quarter. Oxinas Partners Wealth Management LLC now owns 11,465 shares of the company’s stock valued at $587,000 after buying an additional 3,034 shares in 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.