Anchor Investment Management LLC Takes Position in iShares High Yield Active ETF (NASDAQ:BRHY)

Anchor Investment Management LLC purchased a new position in shares of iShares High Yield Active ETF (NASDAQ:BRHY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,214 shares of the company’s stock, valued at approximately $62,000. Anchor Investment Management LLC owned approximately 0.06% of iShares High Yield Active ETF as of its most recent filing with the Securities and Exchange Commission.

iShares High Yield Active ETF Stock Up 0.2 %

Shares of NASDAQ:BRHY opened at $49.62 on Thursday. The company has a 50 day moving average of $50.60 and a two-hundred day moving average of $51.05. iShares High Yield Active ETF has a 52-week low of $48.27 and a 52-week high of $52.20. The company has a market capitalization of $99.24 million and a price-to-earnings ratio of 17.31.

iShares High Yield Active ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a dividend of $0.2728 per share. This represents a $3.27 dividend on an annualized basis and a yield of 6.60%. The ex-dividend date of this dividend was Tuesday, April 1st.

iShares High Yield Active ETF Company Profile

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.