iShares Floating Rate Loan Active ETF (BATS:BRLN – Get Free Report) were down 0.1% during trading on Friday. The company traded as low as $50.07 and last traded at $50.42. Approximately 7,914 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 7,352 shares. The stock had previously closed at $50.48.
iShares Floating Rate Loan Active ETF Stock Down 0.1%
The firm has a 50 day simple moving average of $50.58 and a two-hundred day simple moving average of $50.79.
About iShares Floating Rate Loan Active ETF
The BlackRock Floating Rate Loan ETF (BRLN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to provide current income and capital appreciation by actively investing in floating rate loans of any credit quality from around the globe. BRLN was launched on Oct 4, 2022 and is managed by BlackRock.
Recommended Stories
- Five stocks we like better than iShares Floating Rate Loan Active ETF
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Receive News & Ratings for iShares Floating Rate Loan Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Floating Rate Loan Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
