KPP Advisory Services LLC Sells 12,985 Shares of iShares Core Dividend ETF $DIVB

KPP Advisory Services LLC lessened its holdings in iShares Core Dividend ETF (BATS:DIVB) by 57.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,761 shares of the company’s stock after selling 12,985 shares during the quarter. KPP Advisory Services LLC owned approximately 0.05% of iShares Core Dividend ETF worth $527,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Miller Capital Partners Inc. acquired a new stake in shares of iShares Core Dividend ETF during the fourth quarter worth $40,000. CWM LLC bought a new stake in iShares Core Dividend ETF during the fourth quarter valued at $70,000. United Advisor Group LLC bought a new stake in iShares Core Dividend ETF during the fourth quarter valued at $203,000. Wiregrass Investment Management LLC acquired a new stake in iShares Core Dividend ETF during the 4th quarter worth about $204,000. Finally, Next Capital Management LLC acquired a new stake in iShares Core Dividend ETF during the 4th quarter worth about $205,000.

iShares Core Dividend ETF Price Performance

Shares of BATS:DIVB opened at $63.39 on Friday. iShares Core Dividend ETF has a 1 year low of $49.28 and a 1 year high of $63.39. The business’s 50-day moving average is $60.04 and its 200-day moving average is $56.60. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 17.52 and a beta of 0.94.

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.