iShares Floating Rate Loan Active ETF (BATS:BRLN) to Issue Dividend of $0.24

iShares Floating Rate Loan Active ETF (BATS:BRLN) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.2425 per share on Thursday, March 6th. The ex-dividend date of this dividend is Monday, March 3rd.

iShares Floating Rate Loan Active ETF Trading Down 0.4 %

BATS BRLN traded down $0.22 during trading on Friday, reaching $52.16. 2,647 shares of the company’s stock traded hands, compared to its average volume of 9,987. The company’s 50 day simple moving average is $52.40 and its two-hundred day simple moving average is $52.51. iShares Floating Rate Loan Active ETF has a 12-month low of $51.59 and a 12-month high of $53.00.

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.