iShares Short Duration Bond Active ETF (BATS:NEAR) Reaches New 52-Week Low – Here’s Why

by · The Cerbat Gem

Shares of iShares Short Duration Bond Active ETF (BATS:NEAR – Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as $50.10 and last traded at $50.12, with a volume of 566017 shares. The stock had previously closed at $50.11.

iShares Short Duration Bond Active ETF Price Performance

The business’s 50-day simple moving average is $50.43 and its two-hundred day simple moving average is $50.62.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of NEAR. Axxcess Wealth Management LLC raised its stake in shares of iShares Short Duration Bond Active ETF by 269.2% in the 4th quarter. Axxcess Wealth Management LLC now owns 715,788 shares of the company’s stock valued at $36,577,000 after purchasing an additional 521,925 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of iShares Short Duration Bond Active ETF by 94.9% during the first quarter. NewEdge Advisors LLC now owns 914,401 shares of the company’s stock worth $46,484,000 after purchasing an additional 445,163 shares during the last quarter. Clearwater Capital Advisors LLC grew its stake in iShares Short Duration Bond Active ETF by 6.6% in the first quarter. Clearwater Capital Advisors LLC now owns 3,117,801 shares of the company’s stock worth $158,493,000 after purchasing an additional 192,930 shares in the last quarter. Proficio Capital Partners LLC grew its stake in iShares Short Duration Bond Active ETF by 71.4% in the second quarter. Proficio Capital Partners LLC now owns 425,995 shares of the company’s stock worth $22,196,000 after purchasing an additional 177,400 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in iShares Short Duration Bond Active ETF by 26.9% in the first quarter. Royal Bank of Canada now owns 723,098 shares of the company’s stock valued at $36,759,000 after buying an additional 153,429 shares during the last quarter.

iShares Short Duration Bond Active ETF Company Profile

(Get Free Report)

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.

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