iShares Total Return Active ETF (NASDAQ:BRTR) Sees Large Volume Increase – Still a Buy?

Shares of iShares Total Return Active ETF (NASDAQ:BRTR – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 1,474,748 shares traded hands during trading, an increase of 1,647% from the previous session’s volume of 84,399 shares.The stock last traded at $50.27 and had previously closed at $50.17.

iShares Total Return Active ETF Stock Performance

The company has a market capitalization of $557.89 million, a P/E ratio of 22.72 and a beta of 0.17. The business has a 50 day moving average of $50.20 and a 200-day moving average of $50.72.

Get iShares Total Return Active ETF alerts:

iShares Total Return Active ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a dividend of $0.1895 per share. The ex-dividend date was Friday, May 1st. This is a positive change from iShares Total Return Active ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a yield of 4.5%.

Hedge Funds Weigh In On iShares Total Return Active ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Ameriflex Group Inc. purchased a new stake in iShares Total Return Active ETF during the 4th quarter valued at about $51,000. Farther Finance Advisors LLC raised its position in iShares Total Return Active ETF by 6,507.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock valued at $141,000 after purchasing an additional 2,733 shares during the last quarter. Greatmark Investment Partners Inc. raised its position in iShares Total Return Active ETF by 69.9% during the 4th quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock valued at $349,000 after purchasing an additional 2,825 shares during the last quarter. Ethos Financial Group LLC bought a new position in iShares Total Return Active ETF during the 4th quarter valued at approximately $2,314,000. Finally, Flow Traders U.S. LLC raised its position in iShares Total Return Active ETF by 186.4% during the 3rd quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock valued at $2,775,000 after purchasing an additional 35,420 shares during the last quarter.

iShares Total Return Active ETF Company Profile

(Get Free Report)

The iShares Total Return Active ETF (BRTR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in corporate and government fixed income securities from around the world. Securities could be of any maturity while limiting investments in junk bonds to 20%. BRTR was launched on Dec 12, 2023 and is issued by BlackRock.

Featured Stories

• Five stocks we like better than iShares Total Return Active ETF
• 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
• Snowflake and the Snowballing Impact of its AI Flywheel
• AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
• These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying

Receive News & Ratings for iShares Total Return Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Total Return Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.