BlackRock Short Duration Bond ETF (BATS:NEAR) Hits New 1-Year Low at $49.96

Posted by Shelly Janes on Apr 18th, 2024

BlackRock Short Duration Bond ETF (BATS:NEAR – Get Free Report) shares hit a new 52-week low on Tuesday . The stock traded as low as $49.96 and last traded at $49.99, with a volume of 245205 shares. The stock had previously closed at $50.02.

BlackRock Short Duration Bond ETF Price Performance

The company’s 50-day simple moving average is $50.31 and its 200 day simple moving average is $50.24.

BlackRock Short Duration Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.1987 per share. This is a positive change from BlackRock Short Duration Bond ETF’s previous dividend of $0.20. The ex-dividend date was Monday, April 1st.

Institutional Investors Weigh In On BlackRock Short Duration Bond ETF

Several hedge funds have recently modified their holdings of NEAR. Tidemark LLC acquired a new stake in shares of BlackRock Short Duration Bond ETF in the fourth quarter worth $46,000. Able Wealth Management LLC bought a new stake in shares of BlackRock Short Duration Bond ETF in the 4th quarter worth approximately $49,000. Vermillion & White Wealth Management Group LLC acquired a new position in BlackRock Short Duration Bond ETF during the 4th quarter valued at about $72,000. Integrated Wealth Concepts LLC acquired a new position in shares of BlackRock Short Duration Bond ETF during the 2nd quarter valued at $205,000. Finally, Financial Sense Advisors Inc. acquired a new position in BlackRock Short Duration Bond ETF during the third quarter worth about $206,000.

BlackRock Short Duration Bond 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.