BlackRock Short Duration Bond ETF (BATS:NEAR) Sets New 12-Month Low at $50.10

BlackRock Short Duration Bond ETF (BATS:NEAR)’s stock price hit a new 52-week low during 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 Stock Performance

The firm’s 50 day simple moving average is $50.21 and its 200-day simple moving average is $50.27.

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 paid a dividend of $0.1987 per share. 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 Trading of BlackRock Short Duration Bond ETF

Large investors have recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC increased its stake in shares of BlackRock Short Duration Bond ETF by 36.9% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 38,357 shares of the company’s stock worth $1,916,000 after acquiring an additional 10,335 shares during the last quarter. One Capital Management LLC increased its position in BlackRock Short Duration Bond ETF by 22.1% during the third quarter. One Capital Management LLC now owns 4,970 shares of the company’s stock worth $248,000 after buying an additional 900 shares during the last quarter. NBC Securities Inc. acquired a new position in BlackRock Short Duration Bond ETF during the third quarter worth $347,000. First Citizens Financial Corp increased its position in BlackRock Short Duration Bond ETF by 8.5% during the fourth quarter. First Citizens Financial Corp now owns 21,914 shares of the company’s stock worth $1,107,000 after buying an additional 1,725 shares during the last quarter. Finally, Industrial Alliance Investment Management Inc. increased its position in BlackRock Short Duration Bond ETF by 130.0% during the third quarter. Industrial Alliance Investment Management Inc. now owns 18,349 shares of the company’s stock worth $915,000 after buying an additional 10,371 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.