iShares Total Return Active ETF (NASDAQ:BRTR) Sees Large Volume Increase – Here’s What Happened

iShares Total Return Active ETF (NASDAQ:BRTR) saw unusually-strong trading volume on Tuesday . Approximately 247,996 shares changed hands during mid-day trading, an increase of 221% from the previous session’s volume of 77,171 shares.The stock last traded at $50.53 and had previously closed at $50.41.

iShares Total Return Active ETF Price Performance

The company has a market capitalization of $576.16 million, a price-to-earnings ratio of 22.72 and a beta of 0.22. The stock has a 50 day simple moving average of $50.72 and a two-hundred day simple moving average of $50.91.

iShares Total Return Active ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.1853 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Wednesday, April 1st.

Hedge Funds Weigh In On iShares Total Return Active ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Ameriflex Group Inc. acquired a new stake in iShares Total Return Active ETF during the fourth quarter worth approximately $51,000. Farther Finance Advisors LLC boosted its holdings in shares of iShares Total Return Active ETF by 6,507.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock valued at $141,000 after buying an additional 2,733 shares in the last quarter. Greatmark Investment Partners Inc. grew its position in shares of iShares Total Return Active ETF by 69.9% in the 4th quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock valued at $349,000 after buying an additional 2,825 shares during the last quarter. Flow Traders U.S. LLC raised its stake in iShares Total Return Active ETF by 186.4% during the 3rd quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock worth $2,775,000 after acquiring an additional 35,420 shares in the last quarter. Finally, Ethos Financial Group LLC purchased a new stake in iShares Total Return Active ETF in the fourth quarter valued at $2,314,000.

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.