iShares Core Dividend ETF (BATS:DIVB) Reaches New 1-Year High – Should You Buy?

iShares Core Dividend ETF (BATS:DIVB)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $62.74 and last traded at $62.74, with a volume of 25858 shares changing hands. The stock had previously closed at $61.60.

iShares Core Dividend ETF Stock Up 1.5%

The business’s fifty day moving average is $59.78 and its 200-day moving average is $56.47. The stock has a market capitalization of $1.15 billion, a PE ratio of 17.52 and a beta of 0.94.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Miller Capital Partners Inc. acquired a new stake in iShares Core Dividend ETF during the fourth quarter worth about $40,000. CWM LLC purchased a new stake in shares of iShares Core Dividend ETF during the 4th quarter worth about $70,000. United Advisor Group LLC acquired a new stake in iShares Core Dividend ETF during the 4th quarter worth approximately $203,000. Wiregrass Investment Management LLC purchased a new position in iShares Core Dividend ETF in the fourth quarter valued at approximately $204,000. Finally, Next Capital Management LLC purchased a new position in iShares Core Dividend ETF in the fourth quarter valued at approximately $205,000.

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.