iShares Short Duration Bond Active ETF (BATS:NEAR) Reaches New 52-Week Low – Time to Sell?

iShares Short Duration Bond Active ETF (BATS:NEAR)’s stock price hit a new 52-week low on Monday . The company traded as low as $50.32 and last traded at $50.38, with a volume of 26334 shares trading hands. The stock had previously closed at $50.55.

iShares Short Duration Bond Active ETF Stock Performance

The firm has a 50 day simple moving average of $50.56 and a 200-day simple moving average of $50.81.

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

Large investors have recently made changes to their positions in the company. Kelleher Financial Advisors acquired a new stake in shares of iShares Short Duration Bond Active ETF during the 3rd quarter worth about $26,000. Godfrey Financial Associates Inc. acquired a new position in iShares Short Duration Bond Active ETF in the fourth quarter valued at about $35,000. MidAtlantic Capital Management Inc. bought a new stake in iShares Short Duration Bond Active ETF during the fourth quarter worth about $46,000. Tower Research Capital LLC TRC bought a new stake in iShares Short Duration Bond Active ETF during the second quarter worth about $76,000. Finally, Maseco LLP bought a new stake in iShares Short Duration Bond Active ETF during the fourth quarter worth about $88,000.

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.