iShares Total Return Active ETF (NASDAQ:BRTR) Trading 0.2% Higher – Time to Buy?

iShares Total Return Active ETF (NASDAQ:BRTR)’s share price were up 0.2% during trading on Friday . The company traded as high as $50.98 and last traded at $50.97. Approximately 68,328 shares changed hands during trading, an increase of 2% from the average daily volume of 67,195 shares. The stock had previously closed at $50.88.

iShares Total Return Active ETF Price Performance

The stock’s 50 day simple moving average is $50.93 and its two-hundred day simple moving average is $50.81. The stock has a market capitalization of $527.54 million, a PE ratio of 22.72 and a beta of 0.19.

iShares Total Return Active ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.1938 per share. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.6%.

Institutional Trading of iShares Total Return Active ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Greatmark Investment Partners Inc. lifted its holdings in shares of iShares Total Return Active ETF by 15.3% during the second quarter. Greatmark Investment Partners Inc. now owns 5,015 shares of the company’s stock valued at $253,000 after purchasing an additional 665 shares in the last quarter. Farther Finance Advisors LLC raised its stake in iShares Total Return Active ETF by 6,507.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock valued at $141,000 after purchasing an additional 2,733 shares during the period. Flow Traders U.S. LLC grew its position in shares of iShares Total Return Active ETF by 186.4% during the third quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock valued at $2,775,000 after purchasing an additional 35,420 shares in the last quarter. Finally, Ethos Financial Group LLC purchased a new stake in iShares Total Return Active ETF during the fourth quarter valued at $2,314,000.

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.