BlackRock Floating Rate Loan ETF (BATS:BRLN) Position Lifted by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lifted its position in BlackRock Floating Rate Loan ETF (BATS:BRLN) by 38.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,474 shares of the company’s stock after acquiring an additional 7,416 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in BlackRock Floating Rate Loan ETF were worth $1,391,000 as of its most recent SEC filing.

Separately, Outlook Wealth Advisors LLC boosted its position in BlackRock Floating Rate Loan ETF by 35.1% during the 2nd quarter. Outlook Wealth Advisors LLC now owns 14,860 shares of the company’s stock valued at $781,000 after purchasing an additional 3,864 shares during the period.

BlackRock Floating Rate Loan ETF Price Performance

BlackRock Floating Rate Loan ETF stock opened at $52.54 on Monday. The business’s 50 day moving average price is $52.45 and its 200-day moving average price is $52.53.

BlackRock Floating Rate Loan ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.3744 dividend. This is a positive change from BlackRock Floating Rate Loan ETF’s previous dividend of $0.32. The ex-dividend date of this dividend was Tuesday, September 3rd.

BlackRock Floating Rate Loan ETF 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.