iShares Total Return Active ETF (NASDAQ:BRTR) Reaches New 52-Week Low – Here’s What Happened

iShares Total Return Active ETF (NASDAQ:BRTR) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $49.27 and last traded at $49.36, with a volume of 126788 shares. The stock had previously closed at $49.53.

iShares Total Return Active ETF Stock Up 0.3%

The company’s 50 day moving average price is $49.90 and its 200 day moving average price is $50.33. The firm has a market capitalization of $737.85 million, a price-to-earnings ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a $0.1907 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.6%.

Institutional Trading of iShares Total Return Active ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BRTR. Arkadios Wealth Advisors increased its holdings in shares of iShares Total Return Active ETF by 242.1% in the first quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock valued at $13,895,000 after purchasing an additional 195,923 shares during the period. Ethos Financial Group LLC lifted its holdings in shares of 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 worth $4,402,000 after purchasing an additional 42,141 shares during the period. Ameriflex Group Inc. acquired a new stake in shares of iShares Total Return Active ETF during the fourth quarter worth about $51,000. JPMorgan Chase & Co. boosted its position in iShares Total Return Active ETF by 1,406.0% in the fourth quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock valued at $164,149,000 after buying an additional 3,018,219 shares during the last quarter. Finally, Greatmark Investment Partners Inc. boosted its position in iShares Total Return Active ETF by 69.9% in the fourth quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock valued at $349,000 after buying an additional 2,825 shares during the last quarter.

About iShares Total Return Active ETF

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.