iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 1-Year High After Dividend Announcement

iShares Short Duration Bond Active ETF (BATS:NEAR) hit a new 52-week high during mid-day trading on Monday after the company announced a dividend. The stock traded as high as $50.55 and last traded at $50.52, with a volume of 391200 shares changing hands. The stock had previously closed at $50.41.

The newly announced dividend which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be given a $0.1953 dividend. The ex-dividend date is Monday, February 3rd.

iShares Short Duration Bond Active ETF Stock Performance

The firm’s fifty day moving average is $50.59 and its 200 day moving average is $50.77.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NEAR. Financial Avengers Inc. purchased a new position in shares of iShares Short Duration Bond Active ETF in the third quarter worth about $26,000. Aptus Capital Advisors LLC purchased a new position in shares of iShares Short Duration Bond Active ETF in the third quarter worth $30,000. Hoese & Co LLP purchased a new stake in shares of iShares Short Duration Bond Active ETF in the 4th quarter worth about $30,000. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of iShares Short Duration Bond Active ETF in the 4th quarter worth about $44,000. Finally, MidAtlantic Capital Management Inc. bought a new position in iShares Short Duration Bond Active ETF in the 4th quarter worth about $45,000.

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.