iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Trading Up 0.1% – Should You Buy?

Shares of iShares BBB-B CLO Active ETF (NASDAQ:BCLO) traded up 0.1% during mid-day trading on Friday . The stock traded as high as $49.80 and last traded at $49.80. 8,181 shares traded hands during trading, an increase of 45% from the average session volume of 5,636 shares. The stock had previously closed at $49.74.

iShares BBB-B CLO Active ETF Stock Performance

The company’s 50 day moving average price is $49.25 and its 200-day moving average price is $49.51.

iShares BBB-B CLO Active ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.2584 per share. The ex-dividend date of this dividend was Friday, May 1st. This is an increase from iShares BBB-B CLO Active ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a dividend yield of 6.2%.

Hedge Funds Weigh In On iShares BBB-B CLO Active ETF

An institutional investor recently raised its position in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. grew its holdings in shares of iShares BBB-B CLO Active ETF (NASDAQ:BCLO) by 44.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 7,304 shares of the company’s stock after acquiring an additional 2,245 shares during the period. Sunbelt Securities Inc. owned about 0.49% of iShares BBB-B CLO Active ETF worth $362,000 as of its most recent SEC filing.

iShares BBB-B CLO Active ETF Company Profile

The iShares BBB-B CLO Active ETF (BCLO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies. BCLO was launched on Jan 29, 2025 and is issued by BlackRock.