iShares Total Return Active ETF (NASDAQ:BRTR) Hits New 52-Week Low – Here’s What Happened

iShares Total Return Active ETF (NASDAQ:BRTR) shares reached a new 52-week low on Tuesday . The company traded as low as $49.15 and last traded at $49.15, with a volume of 1950 shares traded. The stock had previously closed at $49.52.

iShares Total Return Active ETF Price Performance

The business’s 50-day moving average is $49.74 and its 200 day moving average is $50.19. The firm has a market capitalization of $733.38 million, a P/E ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.1907 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.6%.

Institutional Trading of iShares Total Return Active ETF

Several large investors have recently made changes to their positions in the company. Ethos Financial Group LLC increased its stake in shares of iShares Total Return Active ETF by 92.5% in the first quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock valued at $4,402,000 after buying an additional 42,141 shares during the period. Arkadios Wealth Advisors bought a new stake in iShares Total Return Active ETF in the fourth quarter worth approximately $4,109,000. JPMorgan Chase & Co. lifted its stake in iShares Total Return Active ETF by 1,406.0% in the fourth quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock valued at $164,149,000 after buying an additional 3,018,219 shares during the period. Finally, Ameriflex Group Inc. acquired a new position in iShares Total Return Active ETF in the fourth quarter valued at approximately $51,000.

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.