iShares Total Return Active ETF (NASDAQ:BRTR) Sees Large Volume Increase – Still a Buy?

Shares of iShares Total Return Active ETF (NASDAQ:BRTR) saw unusually-high trading volume on Thursday . Approximately 1,474,748 shares traded hands during mid-day trading, an increase of 1,647% from the previous session’s volume of 84,399 shares.The stock last traded at $50.27 and had previously closed at $50.17.

iShares Total Return Active ETF Stock Performance

The stock has a market cap of $557.89 million, a P/E ratio of 22.72 and a beta of 0.17. The firm has a 50-day moving average price of $50.20 and a 200-day moving average price of $50.72.

iShares Total Return Active ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.1895 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.5%. This is an increase from iShares Total Return Active ETF’s previous monthly dividend of $0.19.

Institutional Trading of iShares Total Return Active ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Ameriflex Group Inc. purchased a new stake in shares of iShares Total Return Active ETF in the 4th quarter worth approximately $51,000. Farther Finance Advisors LLC grew its stake in shares of iShares Total Return Active ETF by 6,507.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock worth $141,000 after buying an additional 2,733 shares during the last quarter. Greatmark Investment Partners Inc. grew its stake in shares of 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 worth $349,000 after buying an additional 2,825 shares during the last quarter. Flow Traders U.S. LLC grew its stake in shares of 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 worth $2,775,000 after buying an additional 35,420 shares during the last quarter. Finally, Ethos Financial Group LLC grew its stake in shares of iShares Total Return Active ETF by 92.5% in the 1st quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock worth $4,402,000 after buying an additional 42,141 shares during the last quarter.

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.