BlackRock Short Duration Bond ETF (BATS:NEAR) Hits New 52-Week Low of $50.10

The BlackRock Short Duration Bond ETF (BATS:NEAR – Get Free Report) hit a new 52-week low during Friday's trading. The company traded as low as $50.10 and last traded at $50.12, with a volume of 478,795 shares traded. The stock previously closed at $50.20.

BlackRock Short Duration Bond ETF shares down 0.2%

The company's 50-day simple moving average is $50.13 and its 200-day simple moving average is $50.31.

BlackRock Short Duration Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday June 7th. Shareholders of record on Monday, June 3 received a dividend of $0.2035. The ex-dividend date was Monday, June 3. This is a positive change from the BlackRock Short Duration Bond ETF's previous dividend of $0.20.

Institutional trading of the BlackRock Short Duration Bond ETF

Hedge funds and other institutional investors have recently changed their positions in the company. Cary Street Partners Investment Advisory LLC increased its holdings of shares of the BlackRock Short Duration Bond ETF by 36.9% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 38,357 shares of the company's stock valued at $1,916,000 after acquiring an additional 10,335 shares during the last quarter. One Capital Management LLC increased its holdings of shares of the BlackRock Short Duration Bond ETF by 22.1% in the third quarter. One Capital Management LLC now owns 4,970 shares of the company's stock valued at $248,000 after acquiring an additional 900 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its holdings of shares of the BlackRock Short Duration Bond ETF by 18.7% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 59,888 shares of the company's stock valued at $3,026,000 after acquiring an additional 9,455 shares during the last quarter. Cassady Schiller Wealth Management LLC increased its holdings of shares of the BlackRock Short Duration Bond ETF by 51.2% in the fourth quarter. Cassady Schiller Wealth Management LLC now owns 127,350 shares of the company's stock valued at $6,434,000 after acquiring an additional 43,102 shares during the last quarter. Finally, Staley Capital Advisers Inc. increased its holdings of shares of the BlackRock Short Duration Bond ETF by 17.2% in the fourth quarter. Staley Capital Advisers Inc. now owns 111,150 shares of the company's stock valued at $5,615,000 after acquiring an additional 16,300 shares during the last quarter.

BlackRock Short Duration Bond ETF Company Profile

(Get Free Report)

The iShares Short Maturity Bond ETF (NEAR) is an exchange-traded fund that invests primarily in investment-grade fixed-income securities. The fund aims to maximize income and preserve capital by using ultra-short-duration, USD-denominated global fixed income securities in an actively managed fund. NEAR was launched on September 25, 2013 and is managed by BlackRock.

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