iShares High Yield Active ETF (NASDAQ:BRHY) to Issue Monthly Dividend of $0.26

by · The Cerbat Gem

iShares High Yield Active ETF (NASDAQ:BRHY – Get Free Report) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be paid a dividend of 0.2572 per share on Tuesday, July 7th. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Wednesday, July 1st.

iShares High Yield Active ETF Price Performance

BRHY stock traded down $0.12 during midday trading on Wednesday, hitting $50.94. The stock had a trading volume of 216,727 shares, compared to its average volume of 17,633. The business has a 50-day moving average of $50.98 and a two-hundred day moving average of $51.12. The firm has a market cap of $99.33 million, a price-to-earnings ratio of 14.81 and a beta of 0.21. iShares High Yield Active ETF has a 52-week low of $49.88 and a 52-week high of $53.16.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in iShares High Yield Active ETF stock. Sunbelt Securities Inc. purchased a new position in iShares High Yield Active ETF (NASDAQ:BRHY – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,453 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned approximately 0.22% of iShares High Yield Active ETF as of its most recent SEC filing.

About iShares High Yield Active ETF

(Get Free Report)

The iShares High Yield Active ETF (BRHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to maximize total return by actively managing a portfolio of high-yield corporate bonds with maturities of ten years or less. BRHY was launched on Jun 17, 2024 and is issued by BlackRock.

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