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

Shares of iShares Total Return Active ETF (NASDAQ:BRTR – Get Free Report) saw strong trading volume on Thursday. Approximately 221,549 shares changed hands during mid-day trading, an increase of 137% from the previous session’s volume of 93,559 shares. The stock last traded at $47.7450 and had previously closed at $47.69.

iShares Total Return Active ETF Stock Up 0.2%

The firm has a market cap of $783.67 million, a P/E ratio of 22.72 and a beta of 0.18. The business has a fifty day moving average of $48.96 and a 200 day moving average of $49.70.

iShares Total Return Active ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.1905 dividend. This is a drop from iShares Total Return Active ETF’s previous monthly dividend of $0.1948. The ex-dividend date was Thursday, October 1st. This represents a $2.29 dividend on an annualized basis and a yield of 4.8%.

Hedge Funds Weigh In On iShares Total Return Active ETF

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

About iShares Total Return Active ETF

(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.

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