iShares Core Dividend ETF (BATS:DIVB) Reaches New 1-Year High – Here’s What Happened

Shares of iShares Core Dividend ETF (BATS:DIVB) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $54.49 and last traded at $53.7710, with a volume of 248298 shares. The stock had previously closed at $54.37.

iShares Core Dividend ETF Stock Performance

The firm has a market cap of $988.91 million, a PE ratio of 17.52 and a beta of 0.94. The firm’s 50 day moving average price is $52.67 and its two-hundred day moving average price is $51.75.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DIVB. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of iShares Core Dividend ETF during the 2nd quarter worth $42,000. Ameritas Advisory Services LLC acquired a new position in iShares Core Dividend ETF in the second quarter valued at $52,000. Bogart Wealth LLC increased its position in iShares Core Dividend ETF by 37.5% during the 2nd quarter. Bogart Wealth LLC now owns 1,100 shares of the company’s stock worth $55,000 after purchasing an additional 300 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of iShares Core Dividend ETF during the 2nd quarter valued at $63,000. Finally, Harbor Asset Planning Inc. purchased a new stake in shares of iShares Core Dividend ETF in the second quarter worth about $100,000.

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.