iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Stock Price Break Above 200-Day Moving Average – Here’s Why

iShares BBB-B CLO Active ETF (NASDAQ:BCLO)’s stock price crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $49.55 and traded as high as $49.60. iShares BBB-B CLO Active ETF shares last traded at $49.56, with a volume of 25,061 shares changing hands.

iShares BBB-B CLO Active ETF Stock Performance

The business’s 50 day simple moving average is $49.72 and its two-hundred day simple moving average is $49.55.

iShares BBB-B CLO Active ETF Increases Dividend

The company 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 $0.2656 per share. The ex-dividend date was Tuesday, September 1st. This is a positive change from iShares BBB-B CLO Active ETF’s previous monthly dividend of $0.2571. This represents a $3.19 dividend on an annualized basis and a dividend yield of 6.4%.

Institutional Investors Weigh In On iShares BBB-B CLO Active ETF

A hedge fund recently bought a new stake in iShares BBB-B CLO Active ETF stock. Markowski Investments bought a new stake in shares of iShares BBB-B CLO Active ETF (NASDAQ:BCLO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,000 shares of the company’s stock, valued at approximately $100,000. Markowski Investments owned about 0.12% of iShares BBB-B CLO Active ETF at the end of the most recent quarter.

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.