iShares High Yield Active ETF (NASDAQ:BRHY) to Issue Monthly Dividend of $0.26

iShares High Yield Active ETF (NASDAQ:BRHY) declared a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be paid a dividend of 0.2572 per share on Tuesday, July 7th. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Wednesday, July 1st.

iShares High Yield Active ETF Price Performance

Shares of iShares High Yield Active ETF stock traded down $0.12 during trading on Wednesday, hitting $50.94. The stock had a trading volume of 216,727 shares, compared to its average volume of 17,633. The firm has a market cap of $99.33 million, a P/E ratio of 14.81 and a beta of 0.21. The business has a fifty day moving average of $50.98 and a two-hundred day moving average of $51.12. iShares High Yield Active ETF has a fifty-two week low of $49.88 and a fifty-two week high of $53.16.

Institutional Trading of iShares High Yield Active ETF

A hedge fund recently bought a new position in iShares High Yield Active ETF stock. Sunbelt Securities Inc. acquired a new position in shares of iShares High Yield Active ETF (NASDAQ:BRHY) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,453 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned approximately 0.22% of iShares High Yield Active ETF as of its most recent SEC filing.

About iShares High Yield Active ETF

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.