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

iShares Total Return Active ETF (NASDAQ:BRTR)’s stock price hit a new 52-week low on Friday . The company traded as low as $49.42 and last traded at $49.43, with a volume of 2602 shares changing hands. The stock had previously closed at $49.58.

iShares Total Return Active ETF Stock Down 0.3%

The stock has a market cap of $731.42 million, a price-to-earnings ratio of 22.72 and a beta of 0.16. The firm’s 50 day moving average is $50.00 and its two-hundred day moving average is $50.41.

iShares Total Return Active ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.1914 per share. This is a boost from iShares Total Return Active ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Trading of iShares Total Return Active ETF

Several hedge funds have recently made changes to their positions in BRTR. Ethos Financial Group LLC acquired a new position in iShares Total Return Active ETF during the 4th quarter valued at approximately $2,314,000. Farther Finance Advisors LLC increased its position in iShares Total Return Active ETF by 6,507.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock worth $141,000 after buying an additional 2,733 shares during the period. Greatmark Investment Partners Inc. increased its position in iShares Total Return Active ETF by 69.9% in the fourth quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock worth $349,000 after buying an additional 2,825 shares during the period. 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 last quarter. Finally, Arkadios Wealth Advisors bought a new stake in iShares Total Return Active ETF in the fourth quarter valued at $4,109,000.

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.