iShares Total Return Active ETF (NASDAQ:BRTR) Sees Large Decline in Short Interest

iShares Total Return Active ETF (NASDAQ:BRTR) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 57,189 shares, a decline of 33.8% from the July 30th total of 86,348 shares. Based on an average daily volume of 68,932 shares, the short-interest ratio is presently 0.8 days. Approximately 0.4% of the company’s shares are sold short.

iShares Total Return Active ETF Stock Down 0.6%

NASDAQ BRTR traded down $0.31 on Tuesday, reaching $49.13. The company had a trading volume of 189,754 shares, compared to its average volume of 88,219. iShares Total Return Active ETF has a 52 week low of $49.09 and a 52 week high of $51.68. The stock’s 50 day moving average is $49.74 and its 200-day moving average is $50.19. The stock has a market cap of $732.04 million, a price-to-earnings ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.1907 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, August 3rd.

Institutional Trading of iShares Total Return Active ETF

A number of hedge funds have recently modified their holdings of BRTR. JPMorgan Chase & Co. boosted its stake in 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 during the last quarter. Arkadios Wealth Advisors increased its stake in iShares Total Return Active ETF by 242.1% in the first quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock valued at $13,895,000 after purchasing an additional 195,923 shares in the last quarter. Ethos Financial Group LLC increased its stake in 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 purchasing an additional 42,141 shares in the last quarter. Finally, Ameriflex Group Inc. bought a new stake 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.