Shares of iShares Total Return Active ETF (NASDAQ:BRTR – Get Free Report) passed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $48.49 and traded as low as $48.42. iShares Total Return Active ETF shares last traded at $48.46, with a volume of 128,079 shares changing hands.
iShares Total Return Active ETF Trading Down 0.2%
The company has a market cap of $850.47 million, a P/E ratio of 22.72 and a beta of 0.18. The company has a 50 day moving average price of $48.49 and a 200-day moving average price of $49.84.
iShares Total Return Active ETF Increases Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be paid a $0.1911 dividend. This represents a $2.29 annualized dividend and a yield of 4.7%. This is a boost from iShares Total Return Active ETF’s previous monthly dividend of $0.1905. The ex-dividend date of this dividend is Monday, November 2nd.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of BRTR. Arkadios Wealth Advisors raised its stake in iShares Total Return Active ETF by 242.1% during the first quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock worth $13,895,000 after acquiring an additional 195,923 shares in the last quarter. Ethos Financial Group LLC lifted its holdings in shares of iShares Total Return Active ETF by 92.5% in the first quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock worth $4,402,000 after acquiring an additional 42,141 shares during the last quarter. Finally, Greatmark Investment Partners Inc. bought a new position in shares of iShares Total Return Active ETF in the third quarter worth about $310,000.
About iShares Total Return Active ETF
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.
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