iShares Total Return Active ETF (NASDAQ:BRTR) Reaches New 52-Week Low – Here’s What Happened

iShares Total Return Active ETF (NASDAQ:BRTR)’s share price hit 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 changing hands. The stock had previously closed at $49.57.

iShares Total Return Active ETF Price Performance

The business has a fifty day moving average of $50.03 and a 200 day moving average of $50.46. The stock has a market cap of $729.24 million, a price-to-earnings ratio of 22.72 and a beta of 0.16.

iShares Total Return Active ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.1914 dividend. This is a positive change from iShares Total Return Active ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Ethos Financial Group LLC acquired a new stake in shares of iShares Total Return Active ETF in the 4th quarter valued at $2,314,000. Farther Finance Advisors LLC increased its position in iShares Total Return Active ETF by 6,507.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock worth $141,000 after buying an additional 2,733 shares during the last quarter. Greatmark Investment Partners Inc. increased its position in iShares Total Return Active ETF by 69.9% during the fourth quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock worth $349,000 after buying an additional 2,825 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares Total Return Active ETF by 1,406.0% during the fourth quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock worth $164,149,000 after buying an additional 3,018,219 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new position in iShares Total Return Active ETF during the fourth quarter valued at about $4,109,000.

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.