iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 1-Year Low – Time to Sell?

iShares Short Duration Bond Active ETF (BATS:NEAR) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $50.43 and last traded at $50.43, with a volume of 294076 shares. The stock had previously closed at $50.47.

iShares Short Duration Bond Active ETF Trading Down 0.1%

The business’s 50-day moving average is $50.59 and its two-hundred day moving average is $50.85.

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

Large investors have recently modified their holdings of the stock. Kelleher Financial Advisors acquired a new position in iShares Short Duration Bond Active ETF during the 3rd quarter worth approximately $26,000. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares Short Duration Bond Active ETF during the fourth quarter valued at approximately $35,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Short Duration Bond Active ETF during the fourth quarter valued at approximately $46,000. Tower Research Capital LLC TRC acquired a new position in shares of iShares Short Duration Bond Active ETF during the second quarter worth $76,000. Finally, Maseco LLP acquired a new position in shares of iShares Short Duration Bond Active ETF during the fourth quarter worth $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.