iShares Floating Rate Loan Active ETF (BATS:BRLN – Get Free Report) fell 1.6% on Tuesday . The company traded as low as $52.35 and last traded at $51.65. 4,412 shares changed hands during trading, a decline of 53% from the average session volume of 9,457 shares. The stock had previously closed at $52.4750.
iShares Floating Rate Loan Active ETF Trading Down 1.6%
The company’s fifty day moving average price is $51.70 and its 200-day moving average price is $51.85.
iShares Floating Rate Loan Active ETF Company Profile
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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