Shares of iShares Floating Rate Loan Active ETF (BATS:BRLN – Get Free Report) passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $50.57 and traded as high as $50.72. iShares Floating Rate Loan Active ETF shares last traded at $50.72, with a volume of 18,238 shares changing hands.
iShares Floating Rate Loan Active ETF Stock Up 0.0%
The firm has a 50 day moving average price of $50.56 and a two-hundred day moving average price of $50.77.
About iShares Floating Rate Loan Active ETF
The BlackRock Floating Rate Loan ETF (BRLN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to provide current income and capital appreciation by actively investing in floating rate loans of any credit quality from around the globe. BRLN was launched on Oct 4, 2022 and is managed by BlackRock.
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