iShares High Yield Active ETF (NASDAQ:BRHY) Trading Down 0% – Here’s What Happened

iShares High Yield Active ETF (NASDAQ:BRHY)’s stock price were down 0% during trading on Thursday . The stock traded as low as $51.31 and last traded at $51.35. Approximately 7,099 shares traded hands during trading, a decline of 57% from the average daily volume of 16,596 shares. The stock had previously closed at $51.36.

iShares High Yield Active ETF Stock Up 0.2%

The company has a market cap of $87.45 million, a PE ratio of 14.81 and a beta of 0.24. The firm has a fifty day simple moving average of $51.52 and a 200-day simple moving average of $51.81.

iShares High Yield Active ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.2806 dividend. This is a boost from iShares High Yield Active ETF’s previous monthly dividend of $0.28. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date was Monday, February 2nd.

Hedge Funds Weigh In On iShares High Yield Active ETF

A hedge fund recently bought a new stake in iShares High Yield Active ETF stock. Sunbelt Securities Inc. bought a new stake in iShares High Yield Active ETF (NASDAQ:BRHY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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.