iShares Total Return Active ETF (NASDAQ:BRTR) Reaches New 1-Year High – Here’s What Happened

iShares Total Return Active ETF (NASDAQ:BRTR) hit a new 52-week high on Friday . The company traded as high as $51.62 and last traded at $51.62, with a volume of 15271 shares trading hands. The stock had previously closed at $51.53.

iShares Total Return Active ETF Trading Up 0.2%

The stock has a market cap of $542.22 million, a P/E ratio of 22.72 and a beta of 0.19. The stock’s 50-day moving average is $51.02 and its 200-day moving average is $50.98.

iShares Total Return Active ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.1879 dividend. This is a boost from iShares Total Return Active ETF’s previous dividend of $0.18. The ex-dividend date was Monday, February 2nd.

Institutional Investors Weigh In On iShares Total Return Active ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position 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 valued at $164,149,000 after purchasing an additional 3,018,219 shares during the period. Arkadios Wealth Advisors acquired a new position in iShares Total Return Active ETF during the fourth quarter worth about $4,109,000. Ethos Financial Group LLC acquired a new position in iShares Total Return Active ETF during the fourth quarter worth about $2,314,000. Flow Traders U.S. LLC raised its position in iShares Total Return Active ETF by 186.4% in the third quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock worth $2,775,000 after acquiring an additional 35,420 shares in the last quarter. Finally, Greatmark Investment Partners Inc. lifted its holdings in iShares Total Return Active ETF by 69.9% in the 4th quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock valued at $349,000 after acquiring an additional 2,825 shares during the last quarter.

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.