iShares Short Duration Bond Active ETF (BATS:NEAR) Sets New 12-Month High Following Dividend Announcement

iShares Short Duration Bond Active ETF (BATS:NEAR)’s stock price hit a new 52-week high on Monday after the company announced a dividend. The stock traded as high as $50.55 and last traded at $50.70, with a volume of 391200 shares. The stock had previously closed at $50.41.

The newly announced dividend which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a $0.1802 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

iShares Short Duration Bond Active ETF Price Performance

The business has a 50 day moving average of $50.57 and a 200 day moving average of $50.76.

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of NEAR. Creative Planning acquired a new position in shares of iShares Short Duration Bond Active ETF during the 3rd quarter worth approximately $263,000. International Assets Investment Management LLC boosted its stake in shares of iShares Short Duration Bond Active ETF by 7,778.4% during the 3rd quarter. International Assets Investment Management LLC now owns 25,211 shares of the company’s stock worth $1,292,000 after acquiring an additional 24,891 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of iShares Short Duration Bond Active ETF by 4.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 21,049 shares of the company’s stock worth $1,079,000 after acquiring an additional 817 shares during the period. Donaldson Capital Management LLC boosted its stake in shares of iShares Short Duration Bond Active ETF by 7.0% during the 3rd quarter. Donaldson Capital Management LLC now owns 625,024 shares of the company’s stock worth $32,026,000 after acquiring an additional 40,738 shares during the period. Finally, Spinnaker Trust boosted its stake in iShares Short Duration Bond Active ETF by 15.4% in the 3rd quarter. Spinnaker Trust now owns 40,158 shares of the company’s stock valued at $2,058,000 after purchasing an additional 5,371 shares during the period.

About iShares Short Duration Bond Active 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.