iShares Floating Rate Loan Active ETF (BATS:BRLN) Declares Dividend of $0.28

Posted by Trevor Kearing on Feb 1st, 2025

iShares Floating Rate Loan Active ETF (BATS:BRLN – Get Free Report) declared a dividend on Friday, January 31st,NASDAQ Dividends reports. Investors of record on Monday, February 3rd will be paid a dividend of 0.2837 per share on Thursday, February 6th. The ex-dividend date of this dividend is Monday, February 3rd.

iShares Floating Rate Loan Active ETF Stock Up 0.4 %

Shares of BRLN traded up $0.23 during midday trading on Friday, hitting $52.61. 2,647 shares of the company traded hands. The firm has a 50 day simple moving average of $52.50 and a 200 day simple moving average of $52.52.

iShares Floating Rate Loan Active ETF Company Profile

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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.