iShares High Yield Active ETF (NASDAQ:BRHY) Share Price Cross Below Fifty Day Moving Average – What’s Next?

iShares High Yield Active ETF (NASDAQ:BRHY)’s share price passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $49.70 and traded as low as $49.47. iShares High Yield Active ETF shares last traded at $49.59, with a volume of 156,495 shares.

iShares High Yield Active ETF Stock Down 0.3%

The firm has a market capitalization of $131.41 million, a PE ratio of 14.81 and a beta of 0.22. The business has a 50-day moving average price of $49.70 and a 200-day moving average price of $50.66.

iShares High Yield Active ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were paid a dividend of $0.2929 per share. This represents a $3.51 dividend on an annualized basis and a yield of 7.1%. This is an increase from iShares High Yield Active ETF’s previous monthly dividend of $0.2599. The ex-dividend date of this dividend was Monday, November 2nd.

iShares High Yield Active ETF Company Profile

The iShares High Yield Active ETF (BRHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to maximize total return by actively managing a portfolio of high-yield corporate bonds with maturities of ten years or less. BRHY was launched on Jun 17, 2024 and is issued by BlackRock.