iShares Total Return Active ETF (NASDAQ:BRTR) Sets New 52-Week High – Still a Buy?

iShares Total Return Active ETF (NASDAQ:BRTR) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $51.62 and last traded at $51.62, with a volume of 15271 shares traded. The stock had previously closed at $51.53.

iShares Total Return Active ETF Price Performance

The stock’s fifty day moving average price is $51.02 and its 200-day moving average price is $50.98. The firm has a market cap of $542.22 million, a price-to-earnings ratio of 22.72 and a beta of 0.19.

iShares Total Return Active ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.1879 per share. This is a positive change from iShares Total Return Active ETF’s previous dividend of $0.18. The ex-dividend date was Monday, February 2nd.

Institutional Investors Weigh In On iShares Total Return Active ETF

Hedge funds have recently bought and sold shares of the business. Ameriflex Group Inc. purchased a new position in iShares Total Return Active ETF during the 4th quarter valued at about $51,000. Farther Finance Advisors LLC lifted its position in shares of iShares Total Return Active ETF by 6,507.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock worth $141,000 after purchasing an additional 2,733 shares in the last quarter. Greatmark Investment Partners Inc. boosted its holdings in shares of iShares Total Return Active ETF by 69.9% during the fourth quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock worth $349,000 after purchasing an additional 2,825 shares during the period. Ethos Financial Group LLC purchased a new position in iShares Total Return Active ETF during the fourth quarter valued at approximately $2,314,000. Finally, Flow Traders U.S. LLC increased its stake in iShares Total Return Active ETF by 186.4% in the 3rd quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock valued at $2,775,000 after buying an additional 35,420 shares during the period.

iShares Total Return Active ETF Company Profile

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.