iShares Total Return Active ETF (NASDAQ:BRTR) Reaches New 52-Week Low – Here’s What Happened

iShares Total Return Active ETF (NASDAQ:BRTR)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $48.53 and last traded at $48.5460, with a volume of 176060 shares. The stock had previously closed at $48.59.

iShares Total Return Active ETF Stock Up 0.4%

The stock has a 50 day simple moving average of $49.42 and a 200 day simple moving average of $49.96. The stock has a market cap of $726.38 million, a price-to-earnings ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.1948 dividend. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is an increase from iShares Total Return Active ETF’s previous monthly dividend of $0.19.

Institutional Trading of iShares Total Return Active ETF

An institutional investor recently raised its stake in iShares Total Return Active ETF stock. Arkadios Wealth Advisors boosted its holdings in shares of iShares Total Return Active ETF (NASDAQ:BRTR) by 242.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 276,840 shares of the company’s stock after buying an additional 195,923 shares during the period. Arkadios Wealth Advisors owned approximately 2.49% of iShares Total Return Active ETF worth $13,895,000 as of its most recent SEC filing.

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.