Advisors Capital Management LLC Acquires 581,322 Shares of iShares Core Dividend ETF $DIVB

Advisors Capital Management LLC increased its holdings in shares of iShares Core Dividend ETF (BATS:DIVB) by 536.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 689,600 shares of the company’s stock after acquiring an additional 581,322 shares during the period. Advisors Capital Management LLC owned about 3.75% of iShares Core Dividend ETF worth $36,652,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Advisors Ltd. LLC increased its holdings in iShares Core Dividend ETF by 3.2% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 6,378 shares of the company’s stock worth $333,000 after purchasing an additional 197 shares during the period. Florida Financial Advisors LLC increased its holdings in iShares Core Dividend ETF by 4.2% during the 3rd quarter. Florida Financial Advisors LLC now owns 5,448 shares of the company’s stock worth $285,000 after purchasing an additional 222 shares during the period. Advisory Services Network LLC increased its holdings in iShares Core Dividend ETF by 2.7% during the 3rd quarter. Advisory Services Network LLC now owns 8,864 shares of the company’s stock worth $463,000 after purchasing an additional 232 shares during the period. M3 Advisory Group LLC increased its holdings in iShares Core Dividend ETF by 6.0% during the 4th quarter. M3 Advisory Group LLC now owns 4,464 shares of the company’s stock worth $237,000 after purchasing an additional 252 shares during the period. Finally, Gladstone Institutional Advisory LLC increased its holdings in iShares Core Dividend ETF by 2.2% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 13,631 shares of the company’s stock worth $712,000 after purchasing an additional 299 shares during the period.

iShares Core Dividend ETF Stock Down 0.2%

DIVB opened at $56.40 on Friday. The company has a market capitalization of $1.04 billion, a P/E ratio of 17.52 and a beta of 0.94. iShares Core Dividend ETF has a 52 week low of $45.55 and a 52 week high of $57.33. The stock’s fifty day moving average is $54.99 and its two-hundred day moving average is $53.91.

About iShares Core Dividend ETF

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.