iShares Short Duration Bond Active ETF (BATS:NEAR) Sets New 12-Month Low – What’s Next?

iShares Short Duration Bond Active ETF (BATS:NEAR) reached a new 52-week low during trading on Tuesday . The stock traded as low as $50.43 and last traded at $50.45, with a volume of 444128 shares. The stock had previously closed at $50.49.

iShares Short Duration Bond Active ETF Stock Down 0.1%

The stock has a fifty day simple moving average of $50.61 and a two-hundred day simple moving average of $50.87.

Institutional Trading of iShares Short Duration Bond Active ETF

Several hedge funds have recently modified their holdings of the stock. Investment Advisory Group LLC lifted its position in shares of iShares Short Duration Bond Active ETF by 1.1% during the 4th quarter. Investment Advisory Group LLC now owns 18,053 shares of the company’s stock valued at $923,000 after acquiring an additional 200 shares during the period. Fortis Advisors LLC grew its holdings in iShares Short Duration Bond Active ETF by 1.6% in the fourth quarter. Fortis Advisors LLC now owns 14,489 shares of the company’s stock worth $740,000 after purchasing an additional 226 shares during the period. Geneos Wealth Management Inc. grew its holdings in iShares Short Duration Bond Active ETF by 11.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,293 shares of the company’s stock worth $117,000 after purchasing an additional 231 shares during the period. Lane Brothers & Co. Inc. increased its stake in iShares Short Duration Bond Active ETF by 1.5% in the first quarter. Lane Brothers & Co. Inc. now owns 17,676 shares of the company’s stock valued at $899,000 after purchasing an additional 260 shares in the last quarter. Finally, AdvisorNet Financial Inc increased its stake in iShares Short Duration Bond Active ETF by 10.5% in the first quarter. AdvisorNet Financial Inc now owns 3,238 shares of the company’s stock valued at $165,000 after purchasing an additional 308 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.