iShares Total Return Active ETF (NASDAQ:BRTR) Sets New 12-Month Low – Should You Sell?

iShares Total Return Active ETF (NASDAQ:BRTR – Get Free Report) hit a new 52-week low on Wednesday. The stock traded as low as $47.52 and last traded at $47.6170, with a volume of 7442 shares changing hands. The stock had previously closed at $47.64.

iShares Total Return Active ETF Price Performance

The firm has a market cap of $779.47 million, a price-to-earnings ratio of 22.72 and a beta of 0.18. The business has a 50-day moving average of $49.00 and a 200-day moving average of $49.72.

iShares Total Return Active ETF Cuts Dividend

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

Institutional Investors 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 increased its stake in iShares Total Return Active ETF (NASDAQ:BRTR – Free Report) by 242.1% in the 1st quarter, according to the company in its most recent 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 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.

iShares Total Return Active ETF Company Profile

(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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