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

Shares of iShares Floating Rate Loan Active ETF (BATS:BRLNGet Free Report) traded down 1.2% during mid-day trading 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 Trading Down 1.6 %

The business’s fifty day simple moving average is $52.21 and its 200 day simple moving average is $52.42.

iShares Floating Rate Loan Active ETF Cuts Dividend

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

See Also

Receive News & Ratings for iShares Floating Rate Loan Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Floating Rate Loan Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.