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

Shares of iShares Core Dividend ETF (BATS:DIVBGet Free Report) reached a new 52-week high on Friday . The company traded as high as $69.36 and last traded at $69.10, with a volume of 27754 shares traded. The stock had previously closed at $68.88.

iShares Core Dividend ETF Stock Up 0.4%

The company’s fifty day moving average is $65.14 and its two-hundred day moving average is $59.90. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 17.52 and a beta of 0.94.

Institutional Investors Weigh In On iShares Core Dividend ETF

A number of large investors have recently modified their holdings of DIVB. Corient Private Wealth LP raised its holdings in shares of iShares Core Dividend ETF by 1,783.1% in the 2nd quarter. Corient Private Wealth LP now owns 365,095 shares of the company’s stock valued at $22,490,000 after purchasing an additional 345,707 shares in the last quarter. Aspire Capital Advisors LLC grew its stake in shares of iShares Core Dividend ETF by 4.4% during the second quarter. Aspire Capital Advisors LLC now owns 256,195 shares of the company’s stock worth $15,782,000 after purchasing an additional 10,749 shares in the last quarter. Focus Financial Network Inc. acquired a new position in shares of iShares Core Dividend ETF during the second quarter worth $215,000. Sunburst Financial Group LLC increased its holdings in iShares Core Dividend ETF by 4.9% in the second quarter. Sunburst Financial Group LLC now owns 317,289 shares of the company’s stock valued at $19,545,000 after buying an additional 14,744 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC increased its holdings in iShares Core Dividend ETF by 6.2% in the second quarter. Dynamic Advisor Solutions LLC now owns 7,380 shares of the company’s stock valued at $455,000 after buying an additional 433 shares during the last quarter.

iShares Core Dividend ETF Company Profile

(Get Free Report)

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.

Further Reading

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