iShares Floating Rate Loan Active ETF (BATS:BRLN – Get Free Report) shares dropped 2.3% on Tuesday . The company traded as low as $51.63 and last traded at $50.68. Approximately 1,709 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 10,621 shares. The stock had previously closed at $51.88.
iShares Floating Rate Loan Active ETF Stock Up 0.4 %
The company’s fifty day moving average price is $51.64 and its two-hundred day moving average price is $52.22.
iShares Floating Rate Loan Active ETF Cuts Dividend
The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.2425 dividend. The ex-dividend date was Monday, March 3rd.
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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