iShares Total Return Active ETF (NASDAQ:BRTR) Sets New 1-Year Low – Time to Sell?

iShares Total Return Active ETF (NASDAQ:BRTR)’s share price hit a new 52-week low on Wednesday. The company traded as low as $48.46 and last traded at $48.4550, with a volume of 12846 shares changing hands. The stock had previously closed at $48.71.

iShares Total Return Active ETF Stock Down 0.5%

The stock has a market capitalization of $769.92 million, a P/E ratio of 22.72 and a beta of 0.17. The company has a fifty day moving average price of $49.29 and a 200-day moving average price of $49.87.

iShares Total Return Active ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.1948 dividend. This represents a $2.34 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a positive change from iShares Total Return Active ETF’s previous monthly dividend of $0.1914.

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

About iShares Total Return Active ETF

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.