iShares Core Dividend ETF (BATS:DIVB) Sets New 52-Week High – What’s Next?

Shares of iShares Core Dividend ETF (BATS:DIVB) reached a new 52-week high during trading on Tuesday . The company traded as high as $61.13 and last traded at $60.84, with a volume of 5649 shares. The stock had previously closed at $60.87.

iShares Core Dividend ETF Stock Down 0.4%

The firm has a market cap of $1.12 billion, a P/E ratio of 17.52 and a beta of 0.94. The company’s 50 day simple moving average is $56.27 and its 200-day simple moving average is $54.92.

Institutional Trading of iShares Core Dividend ETF

Several hedge funds have recently modified their holdings of DIVB. LPL Financial LLC boosted its stake in iShares Core Dividend ETF by 30.8% in the fourth quarter. LPL Financial LLC now owns 3,577,926 shares of the company’s stock valued at $190,167,000 after acquiring an additional 842,674 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares Core Dividend ETF by 13.4% during the 1st quarter. Bank of America Corp DE now owns 1,345,888 shares of the company’s stock valued at $72,611,000 after purchasing an additional 159,091 shares during the last quarter. Paradiem LLC boosted its position in shares of iShares Core Dividend ETF by 2,928.8% in the 4th quarter. Paradiem LLC now owns 977,956 shares of the company’s stock worth $51,978,000 after purchasing an additional 945,667 shares in the last quarter. Advisors Capital Management LLC boosted its position in shares of iShares Core Dividend ETF by 536.9% in the 4th quarter. Advisors Capital Management LLC now owns 689,600 shares of the company’s stock worth $36,652,000 after purchasing an additional 581,322 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in iShares Core Dividend ETF by 1.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 683,830 shares of the company’s stock worth $36,346,000 after buying an additional 11,997 shares during the last quarter.

iShares Core Dividend ETF Company Profile

The iShares U.S. Dividend and Buyback ETF (DIVB) is an exchange-traded fund that is based on the Morningstar US Dividend and Buyback index. The fund tracks an index of all-cap US stocks that have a history of dividend payments and\u002For share buybacks. DIVB was launched on Nov 7, 2017 and is managed by BlackRock.