iShares BBB-B CLO Active ETF Plans Monthly Dividend of $0.27 (NASDAQ:BCLO)

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) announced a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be given a dividend of 0.2673 per share on Tuesday, April 7th. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Wednesday, April 1st.

iShares BBB-B CLO Active ETF Stock Performance

Shares of NASDAQ:BCLO remained flat at $49.00 during trading on Wednesday. 135 shares of the stock were exchanged, compared to its average volume of 6,010. The business’s fifty day moving average is $49.35 and its two-hundred day moving average is $49.65. iShares BBB-B CLO Active ETF has a 12 month low of $47.55 and a 12 month high of $50.22.

Institutional Investors Weigh In On iShares BBB-B CLO Active ETF

A hedge fund recently bought a new stake in iShares BBB-B CLO Active ETF stock. Syon Capital LLC purchased a new stake in shares of iShares BBB-B CLO Active ETF (NASDAQ:BCLO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 16,743 shares of the company’s stock, valued at approximately $830,000. Syon Capital LLC owned 1.12% of iShares BBB-B CLO Active ETF as of its most recent filing with the Securities and Exchange Commission.

About iShares BBB-B CLO Active ETF

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.