iShares Total Return Active ETF (NASDAQ:BRTR) Sets New 12-Month Low – Here’s What Happened

iShares Total Return Active ETF (NASDAQ:BRTR)’s stock price reached a new 52-week low on Tuesday. The company traded as low as $47.85 and last traded at $47.8050, with a volume of 10671 shares traded. The stock had previously closed at $47.99.

iShares Total Return Active ETF Stock Down 0.3%

The firm has a market cap of $772.45 million, a PE ratio of 22.72 and a beta of 0.17. The stock’s fifty day simple moving average is $49.22 and its two-hundred day simple moving average is $49.83.

iShares Total Return Active ETF Increases Dividend

The business 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 is an increase from iShares Total Return Active ETF’s previous monthly dividend of $0.1914. This represents a $2.34 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Tuesday, September 1st.

Hedge Funds Weigh In On iShares Total Return Active ETF

An institutional investor recently raised its stake in iShares Total Return Active ETF stock. Ethos Financial Group LLC boosted its position in shares of iShares Total Return Active ETF (NASDAQ:BRTR) by 92.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 87,712 shares of the company’s stock after purchasing an additional 42,141 shares during the quarter. Ethos Financial Group LLC owned about 0.79% of iShares Total Return Active ETF worth $4,402,000 at the end of the most recent reporting period.

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.