iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Announces $0.25 Monthly Dividend

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) declared a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.2547 per share on Tuesday, July 7th. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Wednesday, July 1st.

iShares BBB-B CLO Active ETF Stock Down 0.5%

iShares BBB-B CLO Active ETF stock traded down $0.25 during mid-day trading on Wednesday, reaching $49.53. The company’s stock had a trading volume of 64,514 shares, compared to its average volume of 5,657. iShares BBB-B CLO Active ETF has a 12 month low of $48.42 and a 12 month high of $50.22. The business’s 50 day simple moving average is $49.66 and its 200 day simple moving average is $49.51.

Institutional Investors Weigh In On iShares BBB-B CLO Active ETF

An institutional investor recently bought a new position in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. purchased a new stake in iShares BBB-B CLO Active ETF (NASDAQ:BCLO) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,059 shares of the company’s stock, valued at approximately $254,000. Sunbelt Securities Inc. owned approximately 0.36% of iShares BBB-B CLO Active ETF as of its most recent filing with the Securities & Exchange Commission.

About iShares BBB-B CLO Active ETF

The iShares BBB-B CLO Active ETF (BCLO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies. BCLO was launched on Jan 29, 2025 and is issued by BlackRock.