iShares Floating Rate Loan Active ETF (BATS:BRLN – Get Free Report) traded down 1.2% on Monday . The company traded as low as $52.26 and last traded at $51.78. 2,647 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 10,200 shares. The stock had previously closed at $52.38.
iShares Floating Rate Loan Active ETF Stock Performance
The company has a 50-day moving average of $52.21 and a 200-day moving average of $52.42.
iShares Floating Rate Loan Active ETF Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.2425 dividend. The ex-dividend date was Monday, March 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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