Envestnet Asset Management Inc. Buys 18,638 Shares of iShares Core Dividend ETF $DIVB

Envestnet Asset Management Inc. increased its stake in shares of iShares Core Dividend ETF (BATS:DIVB) by 36.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 69,828 shares of the company’s stock after buying an additional 18,638 shares during the period. Envestnet Asset Management Inc. owned about 0.38% of iShares Core Dividend ETF worth $3,648,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares Core Dividend ETF during the 2nd quarter valued at approximately $42,000. Elevation Point Wealth Partners LLC purchased a new position in iShares Core Dividend ETF in the second quarter valued at approximately $63,000. Spire Wealth Management purchased a new position in iShares Core Dividend ETF in the second quarter valued at approximately $150,000. AE Wealth Management LLC bought a new position in iShares Core Dividend ETF during the third quarter valued at $181,000. Finally, Shaker Investments LLC OH purchased a new stake in iShares Core Dividend ETF in the third quarter worth $205,000.

iShares Core Dividend ETF Price Performance

Shares of DIVB opened at $56.03 on Wednesday. iShares Core Dividend ETF has a 1 year low of $41.80 and a 1 year high of $57.33. The stock’s fifty day moving average price is $54.82 and its two-hundred day moving average price is $53.00. The firm has a market cap of $1.03 billion, a PE ratio of 17.52 and a beta of 0.94.

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.