iShares Floating Rate Loan Active ETF (BATS:BRLN) Stock Price Down 1.2% – Here’s What Happened

iShares Floating Rate Loan Active ETF (BATS:BRLNGet Free Report)’s stock price traded down 1.2% during trading on Monday . The stock traded as low as $52.26 and last traded at $51.78. 2,647 shares were traded 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 firm has a 50-day simple moving average of $52.22 and a two-hundred day simple moving average of $52.43.

iShares Floating Rate Loan Active ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.2425 per share. The ex-dividend date of this dividend was Monday, March 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.

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