iShares Short Duration Bond Active ETF (BATS:NEAR) Reaches New 1-Year Low – Here’s Why

iShares Short Duration Bond Active ETF (BATS:NEAR)’s stock price reached a new 52-week low on Friday . The stock traded as low as $50.50 and last traded at $50.50, with a volume of 88020 shares changing hands. The stock had previously closed at $50.59.

iShares Short Duration Bond Active ETF Trading Down 0.2%

The stock has a 50-day moving average price of $50.74 and a 200 day moving average price of $50.99.

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

A number of hedge funds have recently modified their holdings of the business. Kelleher Financial Advisors acquired a new stake in iShares Short Duration Bond Active ETF in the 3rd quarter valued at approximately $26,000. Godfrey Financial Associates Inc. acquired a new stake in iShares Short Duration Bond Active ETF in the 4th quarter valued at approximately $35,000. MidAtlantic Capital Management Inc. acquired a new stake in iShares Short Duration Bond Active ETF in the 4th quarter valued at approximately $46,000. Tower Research Capital LLC TRC acquired a new stake in iShares Short Duration Bond Active ETF in the 2nd quarter valued at approximately $76,000. Finally, Maseco LLP acquired a new stake in iShares Short Duration Bond Active ETF in the 4th quarter valued at approximately $88,000.

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.