iShares High Yield Active ETF Announces Monthly Dividend of $0.28 (NASDAQ:BRHY)

iShares High Yield Active ETF (NASDAQ:BRHY) announced a monthly dividend on Thursday, December 18th, NASDAQ Dividends reports. Stockholders of record on Friday, December 19th will be paid a dividend of 0.2759 per share on Wednesday, December 24th. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date is Friday, December 19th.

iShares High Yield Active ETF Trading Down 0.4%

NASDAQ:BRHY traded down $0.21 during trading hours on Friday, hitting $51.24. 4,241 shares of the company traded hands, compared to its average volume of 5,919. iShares High Yield Active ETF has a twelve month low of $48.27 and a twelve month high of $52.64. The firm has a 50-day moving average of $51.84 and a 200 day moving average of $51.76. The stock has a market capitalization of $79.42 million, a price-to-earnings ratio of 14.81 and a beta of 0.24.

Institutional Trading of iShares High Yield Active ETF

An institutional investor recently bought a new position in iShares High Yield Active ETF stock. Sunbelt Securities Inc. acquired a new stake in shares of iShares High Yield Active ETF (NASDAQ:BRHY) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,453 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned 0.22% of iShares High Yield Active ETF at the end of the most recent quarter.

About iShares High Yield Active ETF

The iShares High Yield Active ETF (BRHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to maximize total return by actively managing a portfolio of high-yield corporate bonds with maturities of ten years or less. BRHY was launched on Jun 17, 2024 and is issued by BlackRock.