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

iShares Total Return Active ETF (NASDAQ:BRTR) reached a new 52-week low during trading on Wednesday . The company traded as low as $49.07 and last traded at $49.0550, with a volume of 10064 shares changing hands. The stock had previously closed at $49.19.

iShares Total Return Active ETF Stock Down 0.2%

The stock has a market capitalization of $731.66 million, a P/E ratio of 22.72 and a beta of 0.17. The stock’s 50 day moving average price is $49.59 and its 200-day moving average price is $50.10.

iShares Total Return Active ETF Increases Dividend

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

Hedge Funds Weigh In On iShares Total Return Active ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BRTR. Ameriflex Group Inc. bought a new position in iShares Total Return Active ETF in the fourth quarter worth about $51,000. Arkadios Wealth Advisors purchased a new position in shares of iShares Total Return Active ETF in the 4th quarter worth approximately $4,109,000. Ethos Financial Group LLC grew its position in shares of iShares Total Return Active ETF by 92.5% in the 1st quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock worth $4,402,000 after buying an additional 42,141 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares Total Return Active ETF by 1,406.0% during the 4th 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.

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.