iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Stock Price Down 0.1% – What’s Next?

iShares BBB-B CLO Active ETF (NASDAQ:BCLOGet Free Report)’s stock price fell 0.1% on Thursday . The company traded as low as $49.56 and last traded at $49.58. 23,193 shares were traded during mid-day trading, an increase of 306% from the average daily volume of 5,711 shares. The stock had previously closed at $49.61.

iShares BBB-B CLO Active ETF Stock Performance

The company’s 50 day simple moving average is $49.67 and its 200-day simple moving average is $49.50.

iShares BBB-B CLO Active ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.2547 per share. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Investors Weigh In On iShares BBB-B CLO Active ETF

An institutional investor recently bought a new stake in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. bought a new position in iShares BBB-B CLO Active ETF (NASDAQ:BCLOFree Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,059 shares of the company’s stock, valued at approximately $254,000. Sunbelt Securities Inc. owned about 0.36% of iShares BBB-B CLO Active ETF at the end of the most recent quarter.

About iShares BBB-B CLO Active ETF

(Get Free Report)

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.

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