iShares Total Return Active ETF (NASDAQ:BRTR) Reaches New 52-Week Low – Should You Sell?

iShares Total Return Active ETF (NASDAQ:BRTR)’s stock price reached a new 52-week low during trading on Wednesday. The company traded as low as $47.52 and last traded at $47.6170, with a volume of 7442 shares. The stock had previously closed at $47.64.

iShares Total Return Active ETF Stock Up 0.3%

The firm has a 50 day moving average of $48.93 and a 200 day moving average of $49.68. The firm has a market cap of $784.41 million, a PE ratio of 22.72 and a beta of 0.18.

iShares Total Return Active ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a $0.1905 dividend. The ex-dividend date was Thursday, October 1st. This is a drop from iShares Total Return Active ETF’s previous monthly dividend of $0.1948. This represents a $2.29 annualized dividend and a dividend yield of 4.8%.

Institutional Investors Weigh In On iShares Total Return Active ETF

An institutional investor recently raised its position in iShares Total Return Active ETF stock. Ethos Financial Group LLC grew its holdings in shares of iShares Total Return Active ETF (NASDAQ:BRTR) by 92.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,712 shares of the company’s stock after purchasing an additional 42,141 shares during the quarter. Ethos Financial Group LLC owned about 0.79% of iShares Total Return Active ETF worth $4,402,000 at the end of the most recent reporting period.

About iShares Total Return Active ETF

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.