Cetera Investment Advisers Grows Position in iShares Core Dividend ETF $DIVB

Cetera Investment Advisers raised its position in iShares Core Dividend ETF (BATS:DIVB) by 6.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 555,621 shares of the company’s stock after purchasing an additional 35,004 shares during the period. Cetera Investment Advisers owned about 3.02% of iShares Core Dividend ETF worth $29,976,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. LPL Financial LLC raised its position in shares of 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 buying an additional 842,674 shares during the last quarter. Bank of America Corp DE boosted its position in 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 acquiring an additional 386,596 shares during the last quarter. Advisors Capital Management LLC grew its stake in 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 acquiring an additional 581,322 shares during the period. Steward Partners Investment Advisory LLC grew its stake in iShares Core Dividend ETF by 1.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 683,830 shares of the company’s stock worth $36,346,000 after acquiring an additional 11,997 shares during the period. Finally, IAG Wealth Partners LLC raised its holdings in iShares Core Dividend ETF by 1.7% in the 4th quarter. IAG Wealth Partners LLC now owns 525,995 shares of the company’s stock valued at $27,957,000 after acquiring an additional 8,626 shares during the last quarter.

iShares Core Dividend ETF Stock Performance

Shares of DIVB opened at $64.55 on Monday. iShares Core Dividend ETF has a fifty-two week low of $49.28 and a fifty-two week high of $64.93. The company has a market capitalization of $1.19 billion, a PE ratio of 17.52 and a beta of 0.94. The stock has a fifty day moving average of $61.99 and a two-hundred day moving average of $57.74.

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.