iShares Total Return Active ETF (NASDAQ:BRTR) Reaches New 52-Week High – Should You Buy?

iShares Total Return Active ETF (NASDAQ:BRTR)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $51.62 and last traded at $51.62, with a volume of 15271 shares changing hands. The stock had previously closed at $51.53.

iShares Total Return Active ETF Trading Up 0.3%

The company has a market cap of $542.43 million, a PE ratio of 22.72 and a beta of 0.19. The firm’s 50-day simple moving average is $51.04 and its two-hundred day simple moving average is $51.00.

iShares Total Return Active ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1879 per share. The ex-dividend date was Monday, February 2nd. This is an increase from iShares Total Return Active ETF’s previous dividend of $0.18.

Hedge Funds Weigh In On iShares Total Return Active ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC lifted its position in iShares Total Return Active ETF by 186.4% during the 3rd quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock worth $2,775,000 after acquiring an additional 35,420 shares during the period. Ethos Financial Group LLC purchased a new position in shares of iShares Total Return Active ETF in the fourth quarter worth about $2,314,000. Greatmark Investment Partners Inc. raised its stake in shares of iShares Total Return Active ETF by 69.9% in the fourth quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock worth $349,000 after purchasing an additional 2,825 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of iShares Total Return Active ETF by 6,507.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock worth $141,000 after purchasing an additional 2,733 shares during the period. Finally, Ameriflex Group Inc. purchased a new stake in iShares Total Return Active ETF in the fourth quarter valued at approximately $51,000.

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.