Shares of iShares Floating Rate Loan Active ETF (BATS:BRLN – Get Free Report) shot up 0.2% during mid-day trading on Tuesday . The company traded as high as $52.43 and last traded at $52.49. 2,647 shares were traded during trading, The stock had previously closed at $52.38.
iShares Floating Rate Loan Active ETF Stock Up 0.2 %
The firm has a fifty day moving average price of $52.52 and a 200 day moving average price of $52.51.
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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