iShares Total Return Active ETF (NASDAQ:BRTR) Sees Large Volume Increase – Here’s What Happened

iShares Total Return Active ETF (NASDAQ:BRTR) saw unusually-strong trading volume on Thursday . Approximately 1,474,748 shares changed hands during trading, an increase of 1,647% from the previous session’s volume of 84,399 shares.The stock last traded at $50.27 and had previously closed at $50.17.

iShares Total Return Active ETF Trading Up 0.0%

The company has a market cap of $558.44 million, a price-to-earnings ratio of 22.72 and a beta of 0.17. The stock’s 50 day moving average price is $50.19 and its 200 day moving average price is $50.71.

iShares Total Return Active ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a $0.1895 dividend. The ex-dividend date of this dividend was Friday, May 1st. This is an increase from iShares Total Return Active ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a yield of 4.5%.

Hedge Funds Weigh In On iShares Total Return Active ETF

Several large investors have recently bought and sold shares of the stock. Ameriflex Group Inc. bought a new position in shares of iShares Total Return Active ETF in the fourth quarter valued at approximately $51,000. 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 last quarter. Greatmark Investment Partners Inc. grew its position 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 worth $349,000 after purchasing an additional 2,825 shares during the last quarter. Ethos Financial Group LLC bought a new position in shares of iShares Total Return Active ETF during the 4th quarter worth about $2,314,000. Finally, Flow Traders U.S. LLC raised 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 buying an additional 35,420 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.