iShares Total Return Active ETF (NASDAQ:BRTR) Hits New 1-Year Low – What’s Next?

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

iShares Total Return Active ETF Stock Performance

The firm has a 50-day moving average of $49.22 and a 200-day moving average of $49.83. The firm has a market capitalization of $772.45 million, a P/E ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.1948 per share. The ex-dividend date of this dividend was Tuesday, September 1st. 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%.

Institutional Investors Weigh In On iShares Total Return Active ETF

An institutional investor recently raised its position in iShares Total Return Active ETF stock. Arkadios Wealth Advisors grew its stake in shares of iShares Total Return Active ETF (NASDAQ:BRTR) by 242.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 276,840 shares of the company’s stock after acquiring an additional 195,923 shares during the quarter. Arkadios Wealth Advisors owned about 2.49% of iShares Total Return Active ETF worth $13,895,000 as of its most recent SEC filing.

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.