BlackRock Short Duration Bond ETF (BATS:NEAR) Reaches New 12-Month Low at $50.07

Shares of BlackRock Short Duration Bond ETF (BATS:NEAR) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $50.07 and last traded at $50.09, with a volume of 173939 shares. The stock had previously closed at $50.06.

BlackRock Short Duration Bond ETF Stock Performance

The stock has a fifty day simple moving average of $50.26 and a 200-day simple moving average of $50.26.

BlackRock Short Duration Bond ETF Increases Dividend

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

Hedge Funds Weigh In On BlackRock Short Duration Bond ETF

A number of large investors have recently added to or reduced their stakes in NEAR. Tidemark LLC acquired a new position in shares of BlackRock Short Duration Bond ETF during the 4th quarter worth about $46,000. Able Wealth Management LLC bought a new stake in BlackRock Short Duration Bond ETF in the 4th quarter valued at $49,000. Vermillion & White Wealth Management Group LLC acquired a new stake in BlackRock Short Duration Bond ETF during the 4th quarter valued at $72,000. Financial Sense Advisors Inc. bought a new position in BlackRock Short Duration Bond ETF during the third quarter worth $206,000. Finally, DGS Capital Management LLC increased its holdings in shares of 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 valued at $246,000 after purchasing an additional 327 shares during the last quarter.

BlackRock Short Duration Bond 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.