iShares BBB-B CLO Active ETF (NASDAQ:BCLO – Get Free Report) declared a monthly dividend on Thursday, April 30th, NASDAQ Dividends reports. Investors of record on Friday, May 1st will be paid a dividend of 0.2584 per share on Wednesday, May 6th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, May 1st. This is a 7.1% increase from iShares BBB-B CLO Active ETF’s previous monthly dividend of $0.24.
iShares BBB-B CLO Active ETF Trading Down 0.5%
Shares of BCLO opened at $49.51 on Friday. iShares BBB-B CLO Active ETF has a one year low of $48.42 and a one year high of $50.22. The company’s fifty day moving average price is $49.09 and its 200 day moving average price is $49.54.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. raised its stake in shares of iShares BBB-B CLO Active ETF (NASDAQ:BCLO – Free Report) by 44.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 7,304 shares of the company’s stock after purchasing an additional 2,245 shares during the quarter. Sunbelt Securities Inc. owned 0.49% of iShares BBB-B CLO Active ETF worth $362,000 as of its most recent filing with the SEC.
About iShares BBB-B CLO Active ETF
The iShares BBB-B CLO Active ETF (BCLO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies. BCLO was launched on Jan 29, 2025 and is issued by BlackRock.
Further Reading
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