BlackRock Short Duration Bond ETF (BATS:NEAR) Reaches New 1-Year High at $51.28

Shares of BlackRock Short Duration Bond ETF (BATS:NEAR) hit a new 52-week high on Monday . The company traded as high as $51.28 and last traded at $51.27, with a volume of 167695 shares trading hands. The stock had previously closed at $51.24.

BlackRock Short Duration Bond ETF Stock Performance

The business has a 50-day moving average of $50.87 and a two-hundred day moving average of $50.44.

BlackRock Short Duration Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.2099 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Steel Grove Capital Advisors LLC increased its stake in BlackRock Short Duration Bond ETF by 24.6% during the 2nd quarter. Steel Grove Capital Advisors LLC now owns 36,968 shares of the company’s stock worth $1,861,000 after buying an additional 7,293 shares during the period. One Capital Management LLC grew its stake in BlackRock Short Duration Bond ETF by 468.9% during the 2nd quarter. One Capital Management LLC now owns 24,120 shares of the company’s stock valued at $1,214,000 after purchasing an additional 19,880 shares in the last quarter. Spinnaker Trust boosted its stake in shares of BlackRock Short Duration Bond ETF by 47.6% during the 2nd quarter. Spinnaker Trust now owns 34,787 shares of the company’s stock valued at $1,751,000 after buying an additional 11,211 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of BlackRock Short Duration Bond ETF by 10.6% during the second quarter. Bank of New York Mellon Corp now owns 10,762 shares of the company’s stock worth $542,000 after buying an additional 1,032 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its holdings in BlackRock Short Duration Bond ETF by 9.9% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 71,020 shares of the company’s stock valued at $3,574,000 after acquiring an additional 6,418 shares in the last quarter.

About BlackRock Short Duration Bond ETF

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.