iShares Total Return Active ETF (NASDAQ:BRTR) Short Interest Down 33.8% in August

iShares Total Return Active ETF (NASDAQ:BRTR) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 57,189 shares, a decrease of 33.8% from the July 30th total of 86,348 shares. Based on an average daily volume of 68,932 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the company’s shares are sold short.

iShares Total Return Active ETF Stock Performance

NASDAQ:BRTR opened at $49.13 on Thursday. The company has a 50-day moving average price of $49.69 and a 200-day moving average price of $50.16. The stock has a market cap of $732.04 million, a price-to-earnings ratio of 22.72 and a beta of 0.17. iShares Total Return Active ETF has a 12 month low of $49.09 and a 12 month high of $51.68.

iShares Total Return Active ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, September 1st will be paid a $0.1948 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from iShares Total Return Active ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a yield of 4.8%.

Institutional Trading of iShares Total Return Active ETF

Large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of iShares Total Return Active ETF by 1,406.0% during the 4th quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock worth $164,149,000 after acquiring an additional 3,018,219 shares during the period. Arkadios Wealth Advisors lifted its stake in shares of iShares Total Return Active ETF by 242.1% in the 1st quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock valued at $13,895,000 after purchasing an additional 195,923 shares during the period. Ethos Financial Group LLC boosted its position in shares of iShares Total Return Active ETF by 92.5% during the first quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock valued at $4,402,000 after purchasing an additional 42,141 shares in the last quarter. Finally, Ameriflex Group Inc. bought a new stake in shares of iShares Total Return Active ETF during the fourth quarter valued at approximately $51,000.

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.