iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Plans Dividend of $0.26

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) declared a dividend on Thursday, April 30th, NASDAQ Dividends reports. Shareholders of record on Friday, May 1st will be given a dividend of 0.2584 per share on Wednesday, May 6th. The ex-dividend date of this dividend is Friday, May 1st. This is a 7.1% increase from iShares BBB-B CLO Active ETF’s previous dividend of $0.24.

iShares BBB-B CLO Active ETF Trading Down 0.6%

NASDAQ BCLO traded down $0.28 on Friday, hitting $49.49. 3,844 shares of the stock were exchanged, compared to its average volume of 5,856. iShares BBB-B CLO Active ETF has a 52-week low of $48.42 and a 52-week high of $50.22. The company’s 50-day moving average price is $49.09 and its two-hundred day moving average price is $49.54.

Hedge Funds Weigh In On iShares BBB-B CLO Active ETF

An institutional investor recently bought a new position in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. purchased a new stake in shares of iShares BBB-B CLO Active ETF (NASDAQ:BCLO) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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.