Gouws Capital LLC Raises Position in iShares Core Dividend ETF $DIVB

Gouws Capital LLC lifted its stake in iShares Core Dividend ETF (BATS:DIVB) by 400.3% in the third quarter, Holdings Channel.com reports. The fund owned 36,275 shares of the company’s stock after purchasing an additional 29,025 shares during the period. iShares Core Dividend ETF makes up approximately 1.1% of Gouws Capital LLC’s portfolio, making the stock its 19th biggest position. Gouws Capital LLC’s holdings in iShares Core Dividend ETF were worth $2,340,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Capital Analysts LLC grew its stake in iShares Core Dividend ETF by 821.1% during the second quarter. Capital Analysts LLC now owns 2,966 shares of the company’s stock valued at $183,000 after acquiring an additional 2,644 shares in the last quarter. GC Wealth Management RIA LLC bought a new stake in iShares Core Dividend ETF during the first quarter valued at $208,000. Trilogy Capital Inc. purchased a new position in iShares Core Dividend ETF during the second quarter worth about $210,000. Patriot Financial Group Insurance Agency LLC bought a new position in iShares Core Dividend ETF in the 1st quarter worth about $214,000. Finally, Focus Financial Network Inc. bought a new position in iShares Core Dividend ETF in the 2nd quarter worth about $215,000.

iShares Core Dividend ETF Trading Down 0.3%

Shares of DIVB traded down $0.17 during trading hours on Friday, reaching $66.15. 88,751 shares of the company’s stock traded hands, compared to its average volume of 173,757. The stock has a market cap of $1.22 billion, a PE ratio of 17.52 and a beta of 0.94. The firm’s 50 day simple moving average is $67.38 and its 200-day simple moving average is $62.35. iShares Core Dividend ETF has a 12 month low of $50.58 and a 12 month high of $69.82.

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.