iShares Core Dividend ETF (BATS:DIVB) Hits New 12-Month High – What’s Next?

Shares of iShares Core Dividend ETF (BATS:DIVB) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $54.49 and last traded at $53.1910, with a volume of 248298 shares trading hands. The stock had previously closed at $54.37.

iShares Core Dividend ETF Stock Down 2.1%

The firm’s 50-day moving average price is $52.35 and its 200 day moving average price is $51.42. The firm has a market cap of $978.95 million, a P/E ratio of 17.52 and a beta of 0.94.

Institutional Investors Weigh In On iShares Core Dividend ETF

Large investors have recently made changes to their positions in the company. Paradiem LLC acquired a new position in shares of iShares Core Dividend ETF during the second quarter worth approximately $78,518,000. IAG Wealth Partners LLC bought a new stake in iShares Core Dividend ETF during the 2nd quarter valued at $25,812,000. Bank of America Corp DE boosted its position in iShares Core Dividend ETF by 54.6% during the 3rd 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 period. Cetera Investment Advisers grew its stake in shares of iShares Core Dividend ETF by 196.2% in the second quarter. Cetera Investment Advisers now owns 429,967 shares of the company’s stock worth $21,636,000 after purchasing an additional 284,793 shares in the last quarter. Finally, Aptus Capital Advisors LLC increased its holdings in shares of iShares Core Dividend ETF by 5,273.9% during the third quarter. Aptus Capital Advisors LLC now owns 267,403 shares of the company’s stock valued at $13,972,000 after purchasing an additional 262,427 shares during the period.

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.