iShares Total Return Active ETF (NASDAQ:BRTR) Hits New 12-Month Low – Here’s What Happened

iShares Total Return Active ETF (NASDAQ:BRTR)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $49.27 and last traded at $49.36, with a volume of 126788 shares traded. The stock had previously closed at $49.53.

iShares Total Return Active ETF Stock Performance

The company has a market capitalization of $735.32 million, a PE ratio of 22.72 and a beta of 0.17. The stock’s fifty day simple moving average is $49.93 and its 200-day simple moving average is $50.35.

iShares Total Return Active ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.1907 per share. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.6%.

Institutional Investors Weigh In On iShares Total Return Active ETF

Institutional investors have recently bought and sold shares of the stock. Arkadios Wealth Advisors increased 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 during the last quarter. Ethos Financial Group LLC raised its stake in shares of iShares Total Return Active ETF by 92.5% during the first quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock valued at $4,402,000 after purchasing an additional 42,141 shares during the period. Ameriflex Group Inc. acquired a new position in iShares Total Return Active ETF in the 4th quarter worth $51,000. JPMorgan Chase & Co. lifted its stake in shares of iShares Total Return Active ETF by 1,406.0% in the fourth quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock worth $164,149,000 after acquiring an additional 3,018,219 shares in the last quarter. Finally, Greatmark Investment Partners Inc. boosted its stake in shares of 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 buying an additional 2,825 shares during the last quarter.

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.