BlackRock Floating Rate Loan ETF Declares Dividend of $0.32 (BATS:BRLN)

BlackRock Floating Rate Loan ETF (BATS:BRLN) declared a dividend on Friday, June 28th, NASDAQ reports. Investors of record on Monday, July 1st will be given a dividend of 0.3215 per share on Friday, July 5th. The ex-dividend date is Monday, July 1st.

BlackRock Floating Rate Loan ETF Trading Up 0.0 %

BATS BRLN opened at $52.53 on Friday. The firm’s 50 day simple moving average is $52.62 and its 200-day simple moving average is $52.59.

About BlackRock Floating Rate Loan ETF

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.