iShares Floating Rate Loan Active ETF (BATS:BRLN) Shares Down 0.1% – Time to Sell?

Shares of iShares Floating Rate Loan Active ETF (BATS:BRLNGet Free Report) were down 0.1% during mid-day trading on Tuesday . The company traded as low as $52.26 and last traded at $52.32. Approximately 2,647 shares changed hands during trading, The stock had previously closed at $52.38.

iShares Floating Rate Loan Active ETF Trading Down 0.1 %

The stock has a 50 day moving average of $52.41 and a 200-day moving average of $52.51.

iShares Floating Rate Loan Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2837 per share. The ex-dividend date was Monday, February 3rd.

iShares Floating Rate Loan Active ETF Company Profile

(Get Free Report)

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.

Further Reading

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