iShares Total Return Active ETF (NASDAQ:BRTR) Hits New 1-Year Low – Time to Sell?

iShares Total Return Active ETF (NASDAQ:BRTR) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $49.07 and last traded at $49.0550, with a volume of 10064 shares. The stock had previously closed at $49.19.

iShares Total Return Active ETF Stock Down 0.2%

The business has a 50-day moving average price of $49.59 and a 200-day moving average price of $50.10. The firm has a market capitalization of $731.66 million, a price-to-earnings ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a dividend of $0.1948 per share. The ex-dividend date was Tuesday, September 1st. This is a positive change from iShares Total Return Active ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

Hedge Funds Weigh In On iShares Total Return Active ETF

Hedge funds have recently made changes to their positions in the company. Ameriflex Group Inc. acquired a new position in shares of iShares Total Return Active ETF in the fourth quarter valued at about $51,000. Arkadios Wealth Advisors purchased a new position in shares of iShares Total Return Active ETF during the fourth quarter worth $4,109,000. Ethos Financial Group LLC lifted its position in iShares Total Return Active ETF by 92.5% during the first quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock valued at $4,402,000 after purchasing an additional 42,141 shares during the period. Finally, JPMorgan Chase & Co. lifted its position 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.

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.