iShares Total Return Active ETF (NASDAQ:BRTR) Hits New 1-Year Low – Time to Sell?

iShares Total Return Active ETF (NASDAQ:BRTR) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $49.43 and last traded at $49.44, with a volume of 1636 shares. The stock had previously closed at $49.57.

iShares Total Return Active ETF Trading Up 0.1%

The company’s fifty day simple moving average is $50.02 and its 200 day simple moving average is $50.45. The stock has a market capitalization of $729.98 million, a P/E ratio of 22.72 and a beta of 0.16.

iShares Total Return Active ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.1914 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This is an increase from iShares Total Return Active ETF’s previous dividend of $0.19.

Institutional Investors Weigh In On iShares Total Return Active ETF

Several large investors have recently added to or reduced their stakes in BRTR. Arkadios Wealth Advisors grew its position in iShares Total Return Active ETF by 242.1% during the first quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock worth $13,895,000 after buying an additional 195,923 shares in the last quarter. Ethos Financial Group LLC increased its stake in iShares Total Return Active ETF by 92.5% in the 1st quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock worth $4,402,000 after acquiring an additional 42,141 shares during the last quarter. Ameriflex Group Inc. purchased a new stake in shares of iShares Total Return Active ETF in the 4th quarter valued at about $51,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Total Return Active ETF by 1,406.0% in the 4th quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock valued at $164,149,000 after acquiring an additional 3,018,219 shares in the last quarter. Finally, Greatmark Investment Partners Inc. boosted its position in shares of iShares Total Return Active ETF by 69.9% during the 4th quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock valued at $349,000 after acquiring an additional 2,825 shares during the last quarter.

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.