iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Shares Up 0.1% – Here’s Why

iShares BBB-B CLO Active ETF (NASDAQ:BCLO)’s share price shot up 0.1% during trading on Friday . The company traded as high as $49.80 and last traded at $49.80. 8,181 shares traded hands during trading, an increase of 45% from the average session volume of 5,636 shares. The stock had previously closed at $49.74.

iShares BBB-B CLO Active ETF Stock Performance

The stock’s 50 day simple moving average is $49.25 and its 200-day simple moving average is $49.51.

iShares BBB-B CLO Active ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a $0.2584 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. This is an increase from iShares BBB-B CLO Active ETF’s previous monthly dividend of $0.24. The ex-dividend date was Friday, May 1st.

Institutional Investors Weigh In On iShares BBB-B CLO Active ETF

An institutional investor recently raised its position in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. raised its holdings in iShares BBB-B CLO Active ETF (NASDAQ:BCLO) by 44.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,304 shares of the company’s stock after buying an additional 2,245 shares during the period. Sunbelt Securities Inc. owned approximately 0.49% of iShares BBB-B CLO Active ETF worth $362,000 as of its most recent SEC filing.

iShares BBB-B CLO Active ETF Company Profile

The iShares BBB-B CLO Active ETF (BCLO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies. BCLO was launched on Jan 29, 2025 and is issued by BlackRock.