iShares Total Return Active ETF (NASDAQ:BRTR) Trading Down 0.2% – Should You Sell?

Shares of iShares Total Return Active ETF (NASDAQ:BRTR) were down 0.2% during mid-day trading on Monday . The stock traded as low as $49.42 and last traded at $49.44. 40,785 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 88,470 shares. The stock had previously closed at $49.52.

iShares Total Return Active ETF Stock Performance

The firm has a market cap of $731.59 million, a P/E ratio of 22.72 and a beta of 0.17. The stock’s 50-day moving average is $49.72 and its 200 day moving average is $50.17.

iShares Total Return Active ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be paid a $0.1948 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from iShares Total Return Active ETF’s previous dividend of $0.19.

Institutional Investors Weigh In On iShares Total Return Active ETF

Several large investors have recently made changes to their positions in the stock. Ameriflex Group Inc. acquired a new stake in shares of iShares Total Return Active ETF in the 4th quarter valued at about $51,000. Arkadios Wealth Advisors acquired a new position in shares of iShares Total Return Active ETF during the fourth quarter worth about $4,109,000. Ethos Financial Group LLC grew 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 buying an additional 42,141 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of iShares Total Return Active ETF by 1,406.0% during the fourth quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock worth $164,149,000 after buying an additional 3,018,219 shares in the last quarter.

iShares Total Return Active ETF Company Profile

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.