BlackRock Short Duration Bond ETF (BATS:NEAR) Sets New 52-Week Low at $50.10

BlackRock Short Duration Bond ETF (BATS:NEAR) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $50.10 and last traded at $50.14, with a volume of 184729 shares changing hands. The stock had previously closed at $50.10.

BlackRock Short Duration Bond ETF Trading Up 0.1 %

The firm’s 50-day moving average price is $50.22 and its 200-day moving average price is $50.27.

BlackRock Short Duration Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Staley Capital Advisers Inc. lifted its position in shares of BlackRock Short Duration Bond ETF by 4.9% in the first quarter. Staley Capital Advisers Inc. now owns 116,650 shares of the company’s stock worth $5,886,000 after buying an additional 5,500 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of BlackRock Short Duration Bond ETF during the 1st quarter worth approximately $966,000. Klaas Financial Asset Advisors LLC boosted its position in shares of BlackRock Short Duration Bond ETF by 2.2% during the 1st quarter. Klaas Financial Asset Advisors LLC now owns 156,730 shares of the company’s stock valued at $7,909,000 after acquiring an additional 3,418 shares during the last quarter. Westside Investment Management Inc. grew its holdings in shares of BlackRock Short Duration Bond ETF by 27.9% in the first quarter. Westside Investment Management Inc. now owns 28,900 shares of the company’s stock valued at $1,458,000 after purchasing an additional 6,300 shares in the last quarter. Finally, DGS Capital Management LLC increased its position in BlackRock Short Duration Bond ETF by 7.2% in the first quarter. DGS Capital Management LLC now owns 4,883 shares of the company’s stock worth $246,000 after purchasing an additional 327 shares during the last quarter.

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.