iShares Total Return Active ETF (NASDAQ:BRTR) Stock Price Up 0.2% – Still a Buy?

iShares Total Return Active ETF (NASDAQ:BRTR) traded up 0.2% during mid-day trading on Friday . The stock traded as high as $50.98 and last traded at $50.97. 68,328 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 67,195 shares. The stock had previously closed at $50.88.

iShares Total Return Active ETF Stock Up 0.2%

The business has a 50 day moving average price of $50.93 and a 200 day moving average price of $50.81. The stock has a market cap of $527.54 million, a P/E ratio of 22.72 and a beta of 0.19.

iShares Total Return Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a $0.1938 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Trading of iShares Total Return Active ETF

A number of large investors have recently made changes to their positions in the stock. Greatmark Investment Partners Inc. grew its stake in iShares Total Return Active ETF by 15.3% in the 2nd quarter. Greatmark Investment Partners Inc. now owns 5,015 shares of the company’s stock worth $253,000 after acquiring an additional 665 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of iShares Total Return Active ETF by 6,507.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock valued at $141,000 after purchasing an additional 2,733 shares during the period. Flow Traders U.S. LLC grew its stake in iShares Total Return Active ETF by 186.4% in the third quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock worth $2,775,000 after purchasing an additional 35,420 shares in the last quarter. Finally, Ethos Financial Group LLC purchased a new position in iShares Total Return Active ETF during the 4th quarter worth $2,314,000.

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.