iShares Total Return Active ETF (NASDAQ:BRTR) Hits New 52-Week Low – Should You Sell?

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

iShares Total Return Active ETF Stock Down 0.7%

The firm’s 50-day moving average price is $49.55 and its 200 day moving average price is $50.06. The firm has a market cap of $726.38 million, a P/E ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.1948 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a positive change from iShares Total Return Active ETF’s previous monthly dividend of $0.19.

Institutional Investors Weigh In On iShares Total Return Active ETF

Several large investors have recently made changes to their positions in the company. Arkadios Wealth Advisors boosted its position in shares of iShares Total Return Active ETF by 242.1% during the first quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock worth $13,895,000 after buying an additional 195,923 shares during the period. Ethos Financial Group LLC grew 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 worth $4,402,000 after purchasing an additional 42,141 shares in the last quarter. Ameriflex Group Inc. acquired a new position in shares of iShares Total Return Active ETF during the fourth quarter valued at $51,000. Finally, JPMorgan Chase & Co. grew its position in iShares Total Return Active ETF by 1,406.0% in the 4th 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 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.