iShares Short Duration Bond Active ETF (BATS:NEAR) Hits New 12-Month Low – Time to Sell?

iShares Short Duration Bond Active ETF (BATS:NEAR) hit a new 52-week low during trading on Wednesday . The stock traded as low as $50.43 and last traded at $50.43, with a volume of 294076 shares trading hands. The stock had previously closed at $50.47.

iShares Short Duration Bond Active ETF Price Performance

The firm’s fifty day simple moving average is $50.58 and its 200 day simple moving average is $50.84.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kelleher Financial Advisors acquired a new position in iShares Short Duration Bond Active ETF in the 3rd quarter worth about $26,000. Godfrey Financial Associates Inc. purchased a new position in iShares Short Duration Bond Active ETF during the fourth quarter valued at $35,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Short Duration Bond Active ETF during the fourth quarter worth about $46,000. Tower Research Capital LLC TRC purchased a new position in iShares Short Duration Bond Active ETF in the 2nd quarter valued at about $76,000. Finally, Maseco LLP purchased a new stake in iShares Short Duration Bond Active ETF during the 4th quarter worth approximately $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.