iShares Core Dividend ETF (BATS:DIVB) Sees Significant Decline in Short Interest

iShares Core Dividend ETF (BATS:DIVB) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 25,894 shares, a decrease of 83.6% from the September 15th total of 158,212 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 301,247 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of iShares Core Dividend ETF

A number of institutional investors and hedge funds have recently made changes to their positions in DIVB. Corient Private Wealth LP boosted its position in shares of iShares Core Dividend ETF by 1,783.1% in the second quarter. Corient Private Wealth LP now owns 365,095 shares of the company’s stock worth $22,490,000 after buying an additional 345,707 shares during the period. Quotient Wealth Partners LLC purchased a new position in shares of iShares Core Dividend ETF during the 1st quarter valued at $806,000. Citadel Advisors LLC acquired a new position in shares of iShares Core Dividend ETF in the second quarter worth $913,000. Compass Financial Services Inc boosted its position in iShares Core Dividend ETF by 8.7% during the fourth quarter. Compass Financial Services Inc now owns 154,258 shares of the company’s stock valued at $8,199,000 after purchasing an additional 12,325 shares during the last quarter. Finally, Independent Financial Group LLC acquired a new position in iShares Core Dividend ETF in the 1st quarter worth about $3,405,000.

iShares Core Dividend ETF Stock Performance

Shares of iShares Core Dividend ETF stock opened at $66.17 on Monday. iShares Core Dividend ETF has a 1 year low of $50.58 and a 1 year high of $69.82. The firm’s 50-day simple moving average is $67.38 and its 200-day simple moving average is $62.44. The firm has a market cap of $1.22 billion, a PE 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.