iShares Floating Rate Loan Active ETF (BATS:BRLN – Get Free Report)’s stock price dropped 0.1% during trading on Tuesday . The stock traded as low as $52.26 and last traded at $52.32. Approximately 2,647 shares traded hands during mid-day trading, The stock had previously closed at $52.38.
iShares Floating Rate Loan Active ETF Trading Down 0.1 %
The stock’s 50 day moving average is $52.41 and its 200 day moving average is $52.51.
iShares Floating Rate Loan Active ETF Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.2837 dividend. The ex-dividend date was Monday, February 3rd.
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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