iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Trading Down 0.1% – Here’s Why

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) were down 0.1% on Thursday . The stock traded as low as $49.56 and last traded at $49.58. 23,193 shares were traded during mid-day trading, an increase of 306% from the average session volume of 5,711 shares. The stock had previously closed at $49.61.

iShares BBB-B CLO Active ETF Stock Performance

The business has a 50-day moving average of $49.67 and a two-hundred day moving average of $49.50.

iShares BBB-B CLO Active ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.2547 per share. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares BBB-B CLO Active ETF stock. Syon Capital LLC acquired a new stake in iShares BBB-B CLO Active ETF (NASDAQ:BCLO) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 16,743 shares of the company’s stock, valued at approximately $830,000. Syon Capital LLC owned approximately 1.12% of iShares BBB-B CLO Active ETF as of its most recent filing with the SEC.

iShares BBB-B CLO Active ETF Company 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.