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

iShares Total Return Active ETF (NASDAQ:BRTR) shares hit 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 Stock Down 0.4%

The stock has a market cap of $733.38 million, a price-to-earnings ratio of 22.72 and a beta of 0.17. The business’s 50 day simple moving average is $49.74 and its 200 day simple moving average is $50.19.

iShares Total Return Active ETF Dividend Announcement

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

Institutional Trading of iShares Total Return Active ETF

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its position in iShares Total Return Active ETF by 1,406.0% during the fourth quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock worth $164,149,000 after purchasing an additional 3,018,219 shares during the period. Arkadios Wealth Advisors lifted its holdings in iShares Total Return Active ETF by 242.1% during the 1st quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock worth $13,895,000 after purchasing an additional 195,923 shares during the last quarter. Ethos Financial Group LLC lifted its holdings in iShares Total Return Active ETF by 92.5% during the 1st quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock worth $4,402,000 after purchasing an additional 42,141 shares during the last quarter. Finally, Ameriflex Group Inc. bought a new stake in iShares Total Return Active ETF in the 4th quarter valued at $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.