iShares Core Dividend ETF (BATS:DIVB) Sets New 1-Year High – What’s Next?

iShares Core Dividend ETF (BATS:DIVB)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $54.49 and last traded at $53.4560, with a volume of 248298 shares changing hands. The stock had previously closed at $54.37.

iShares Core Dividend ETF Trading Down 1.2%

The stock has a market cap of $988.08 million, a PE ratio of 17.52 and a beta of 0.94. The business has a 50 day moving average of $52.51 and a 200-day moving average of $51.54.

Institutional Trading of iShares Core Dividend ETF

Several institutional investors and hedge funds have recently bought and sold shares of DIVB. Paradiem LLC purchased a new position in iShares Core Dividend ETF during the 2nd quarter worth $78,518,000. Bank of America Corp DE grew its holdings in shares of iShares Core Dividend ETF by 54.6% during the third quarter. Bank of America Corp DE now owns 1,095,156 shares of the company’s stock worth $57,222,000 after buying an additional 386,596 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in iShares Core Dividend ETF by 53.5% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 630,300 shares of the company’s stock valued at $31,717,000 after acquiring an additional 219,781 shares during the period. IAG Wealth Partners LLC increased its position in iShares Core Dividend ETF by 0.9% in the 3rd quarter. IAG Wealth Partners LLC now owns 517,369 shares of the company’s stock valued at $27,033,000 after acquiring an additional 4,412 shares during the period. Finally, Corient Private Wealth LLC lifted its position in iShares Core Dividend ETF by 0.4% during the 2nd quarter. Corient Private Wealth LLC now owns 453,781 shares of the company’s stock worth $22,834,000 after acquiring an additional 1,914 shares during the period.

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.