Money Concepts Capital Corp Boosts Stake in iShares Core Dividend ETF $DIVB

Money Concepts Capital Corp lifted its holdings in iShares Core Dividend ETF (BATS:DIVB) by 13.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,183 shares of the company’s stock after purchasing an additional 11,450 shares during the quarter. Money Concepts Capital Corp owned 0.52% of iShares Core Dividend ETF worth $5,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of DIVB. CWM LLC purchased a new position in shares of iShares Core Dividend ETF in the fourth quarter worth $70,000. AE Wealth Management LLC purchased a new position in shares of iShares Core Dividend ETF in the third quarter worth $181,000. United Advisor Group LLC purchased a new position in shares of iShares Core Dividend ETF in the fourth quarter worth $203,000. Focus Partners Advisor Solutions LLC purchased a new position in shares of iShares Core Dividend ETF in the third quarter worth $207,000. Finally, Lantern Wealth Advisors LLC purchased a new position in shares of iShares Core Dividend ETF in the third quarter worth $213,000.

iShares Core Dividend ETF Price Performance

DIVB stock opened at $58.45 on Tuesday. iShares Core Dividend ETF has a 1-year low of $47.61 and a 1-year high of $58.57. The business has a fifty day moving average price of $55.20 and a 200-day moving average price of $54.29. The stock has a market capitalization of $1.08 billion, a P/E ratio of 17.52 and a beta of 0.94.

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.