iShares Total Return Active ETF (NASDAQ:BRTR) Hits New 1-Year Low – What’s Next?

iShares Total Return Active ETF (NASDAQ:BRTR)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $48.53 and last traded at $48.5460, with a volume of 176060 shares. The stock had previously closed at $48.59.

iShares Total Return Active ETF Stock Performance

The stock has a fifty day simple moving average of $49.46 and a two-hundred day simple moving average of $50.00. The stock has a market cap of $723.34 million, a PE 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. Stockholders of record on Tuesday, September 1st were paid a $0.1948 dividend. This represents a c) annualized dividend and a dividend yield of 4.8%. This is a boost from iShares Total Return Active ETF’s previous monthly dividend of $0.19. The ex-dividend date was Tuesday, September 1st.

Institutional Investors Weigh In On iShares Total Return Active ETF

A hedge fund recently raised its position in iShares Total Return Active ETF stock. Arkadios Wealth Advisors grew its holdings in shares of iShares Total Return Active ETF (NASDAQ:BRTR) by 242.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 276,840 shares of the company’s stock after acquiring an additional 195,923 shares during the period. Arkadios Wealth Advisors owned about 2.49% of iShares Total Return Active ETF worth $13,895,000 as of its most recent SEC filing.

About iShares Total Return Active ETF

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.