Syon Capital LLC Invests $830,000 in iShares BBB-B CLO Active ETF $BCLO

Syon Capital LLC purchased a new position in shares of iShares BBB-B CLO Active ETF (NASDAQ:BCLO) during the fourth quarter, HoldingsChannel reports. The firm purchased 16,743 shares of the company’s stock, valued at approximately $830,000.

Separately, Sunbelt Securities Inc. acquired a new position in shares of iShares BBB-B CLO Active ETF during the third quarter worth about $254,000.

iShares BBB-B CLO Active ETF Trading Up 0.1%

Shares of iShares BBB-B CLO Active ETF stock opened at $49.72 on Wednesday. iShares BBB-B CLO Active ETF has a 52-week low of $48.42 and a 52-week high of $50.22. The company’s 50-day simple moving average is $49.46 and its 200-day simple moving average is $49.51.

iShares BBB-B CLO Active ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.2644 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. This is a positive change from iShares BBB-B CLO Active ETF’s previous monthly dividend of $0.26. The ex-dividend date was Monday, June 1st.

iShares BBB-B CLO Active ETF Profile

The iShares BBB-B CLO Active ETF (BCLO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies. BCLO was launched on Jan 29, 2025 and is issued by BlackRock.