Money Concepts Capital Corp Makes New $5.85 Million Investment in iShares Core Dividend ETF $DIVB

Money Concepts Capital Corp acquired a new position in shares of iShares Core Dividend ETF (BATS:DIVB) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 90,690 shares of the company’s stock, valued at approximately $5,850,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fifth Third Bancorp acquired a new stake in iShares Core Dividend ETF in the 3rd quarter valued at $32,000. Signaturefd LLC bought a new stake in iShares Core Dividend ETF during the 3rd quarter worth about $32,000. Alpine Bank Wealth Management acquired a new position in shares of iShares Core Dividend ETF during the 3rd quarter worth about $47,000. Jacobi Capital Management LLC acquired a new position in shares of iShares Core Dividend ETF during the 3rd quarter worth about $52,000. Finally, Capital Analysts LLC boosted its stake in shares of iShares Core Dividend ETF by 821.1% during the 2nd quarter. Capital Analysts LLC now owns 2,966 shares of the company’s stock worth $183,000 after buying an additional 2,644 shares during the last quarter.

iShares Core Dividend ETF Stock Performance

BATS:DIVB opened at $71.32 on Friday. The stock’s 50-day simple moving average is $68.31 and its 200 day simple moving average is $62.00. The company has a market cap of $2.36 billion, a P/E ratio of 17.55 and a beta of 0.86. iShares Core Dividend ETF has a 52-week low of $50.58 and a 52-week high of $73.15.

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.