iShares Total Return Active ETF (NASDAQ:BRTR) Sees Significant Decline in Short Interest

iShares Total Return Active ETF (NASDAQ:BRTR) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 59,656 shares, a decrease of 92.1% from the May 31st total of 756,797 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 71,153 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On iShares Total Return Active ETF

Institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted 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 worth $164,149,000 after buying an additional 3,018,219 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in iShares Total Return Active ETF by 242.1% during the first quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock worth $13,895,000 after acquiring an additional 195,923 shares during the period. Ethos Financial Group LLC boosted its position in iShares Total Return Active ETF by 92.5% in the first quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock worth $4,402,000 after purchasing an additional 42,141 shares during the last quarter. Flow Traders U.S. LLC grew its stake in 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 purchasing 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 4th quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock valued at $349,000 after purchasing an additional 2,825 shares during the period.

iShares Total Return Active ETF Stock Performance

BRTR traded up $0.06 during mid-day trading on Friday, reaching $50.48. 54,057 shares of the stock were exchanged, compared to its average volume of 93,281. The stock has a market capitalization of $560.33 million, a PE ratio of 22.72 and a beta of 0.17. The company has a 50 day moving average price of $50.19 and a two-hundred day moving average price of $50.58. iShares Total Return Active ETF has a 1 year low of $49.50 and a 1 year high of $51.68.

iShares Total Return Active ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.166 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, June 1st.

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.