iShares Total Return Active ETF (NASDAQ:BRTR) Hits New 1-Year Low – What’s Next?

iShares Total Return Active ETF (NASDAQ:BRTRGet Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $48.53 and last traded at $48.5460, with a volume of 176060 shares trading hands. The stock had previously closed at $48.59.

iShares Total Return Active ETF Trading Down 0.1%

The business has a 50 day simple moving average of $49.46 and a two-hundred day simple moving average of $50.00. The stock has a market cap of $723.34 million, a price-to-earnings ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Increases Dividend

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

Institutional Trading of iShares Total Return Active ETF

A hedge fund recently raised its stake in iShares Total Return Active ETF stock. Arkadios Wealth Advisors grew its stake in iShares Total Return Active ETF (NASDAQ:BRTRFree Report) by 242.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 filing with the SEC.

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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