iShares BBB-B CLO Active ETF (NASDAQ:BCLO) to Issue $0.28 Monthly Dividend

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) declared a monthly dividend on Thursday, December 18th, NASDAQ Dividends reports. Investors of record on Friday, December 19th will be paid a dividend of 0.2762 per share on Wednesday, December 24th. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date is Friday, December 19th.

iShares BBB-B CLO Active ETF Price Performance

Shares of BCLO stock traded down $0.29 on Friday, hitting $49.50. The stock had a trading volume of 918 shares, compared to its average volume of 5,638. The company’s 50 day moving average price is $49.79 and its 200-day moving average price is $49.85. iShares BBB-B CLO Active ETF has a 1 year low of $47.55 and a 1 year high of $50.56.

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. Sunbelt Securities Inc. purchased a new position in shares of iShares BBB-B CLO Active ETF (NASDAQ:BCLO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,059 shares of the company’s stock, valued at approximately $254,000. Sunbelt Securities Inc. owned approximately 0.36% of iShares BBB-B CLO Active ETF as of its most recent SEC filing.

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.