iShares Total Return Active ETF (NASDAQ:BRTR) Sees Strong Trading Volume – What’s Next?

Shares of iShares Total Return Active ETF (NASDAQ:BRTR) saw strong trading volume on Monday . 309,040 shares were traded during trading, an increase of 298% from the previous session’s volume of 77,662 shares.The stock last traded at $49.73 and had previously closed at $49.78.

iShares Total Return Active ETF Trading Down 0.0%

The company has a market cap of $552.34 million, a price-to-earnings ratio of 22.72 and a beta of 0.17. The stock has a 50 day moving average price of $50.32 and a two-hundred day moving average price of $50.79.

iShares Total Return Active ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.1895 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is an increase from iShares Total Return Active ETF’s previous monthly dividend of $0.19. The ex-dividend date was Friday, May 1st.

Institutional Trading of iShares Total Return Active ETF

A number of hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in iShares Total Return Active ETF by 1,406.0% during the fourth 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 stake in iShares Total Return Active ETF in the fourth quarter worth $4,109,000. Ethos Financial Group LLC bought a new position in shares of iShares Total Return Active ETF during the fourth quarter worth $2,314,000. Flow Traders U.S. LLC grew its holdings in shares of iShares Total Return Active ETF by 186.4% in the 3rd quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock valued at $2,775,000 after buying an additional 35,420 shares during the period. Finally, Greatmark Investment Partners Inc. grew its stake in iShares Total Return Active ETF by 69.9% in the fourth 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 period.

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.