iShares High Yield Active ETF (NASDAQ:BRHY) to Issue Monthly Dividend of $0.26

iShares High Yield Active ETF (NASDAQ:BRHY) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be paid a dividend of 0.2572 per share on Tuesday, July 7th. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Wednesday, July 1st.

iShares High Yield Active ETF Price Performance

BRHY stock traded down $0.12 during midday trading on Wednesday, hitting $50.94. The stock had a trading volume of 216,727 shares, compared to its average volume of 17,633. The business has a 50-day moving average of $50.98 and a two-hundred day moving average of $51.12. The firm has a market cap of $99.33 million, a price-to-earnings ratio of 14.81 and a beta of 0.21. iShares High Yield Active ETF has a 52-week low of $49.88 and a 52-week high of $53.16.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in iShares High Yield Active ETF stock. Sunbelt Securities Inc. purchased a new position in iShares High Yield Active ETF (NASDAQ:BRHY) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,453 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned approximately 0.22% of iShares High Yield Active ETF as of its most recent SEC filing.

About iShares High Yield Active ETF

The iShares High Yield Active ETF (BRHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to maximize total return by actively managing a portfolio of high-yield corporate bonds with maturities of ten years or less. BRHY was launched on Jun 17, 2024 and is issued by BlackRock.