Kestra Advisory Services LLC Has $15.32 Million Stake in iShares Core Dividend ETF $DIVB

Kestra Advisory Services LLC grew its holdings in shares of iShares Core Dividend ETF (BATS:DIVB) by 278.5% in the first quarter, HoldingsChannel.com reports. The fund owned 283,952 shares of the company’s stock after acquiring an additional 208,924 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares Core Dividend ETF were worth $15,319,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in DIVB. LPL Financial LLC grew its position in shares of iShares Core Dividend ETF by 30.8% during the 4th quarter. LPL Financial LLC now owns 3,577,926 shares of the company’s stock worth $190,167,000 after buying an additional 842,674 shares during the period. Bank of America Corp DE boosted its stake in iShares Core Dividend ETF by 54.6% during the third 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 in the last quarter. Paradiem LLC grew its holdings in iShares Core Dividend ETF by 2,928.8% in the fourth quarter. Paradiem LLC now owns 977,956 shares of the company’s stock worth $51,978,000 after purchasing an additional 945,667 shares during the period. Advisors Capital Management LLC grew its holdings in iShares Core Dividend ETF by 536.9% in the fourth quarter. Advisors Capital Management LLC now owns 689,600 shares of the company’s stock worth $36,652,000 after purchasing an additional 581,322 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its stake in iShares Core Dividend ETF by 1.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 683,830 shares of the company’s stock valued at $36,346,000 after purchasing an additional 11,997 shares in the last quarter.

iShares Core Dividend ETF Stock Performance

Shares of BATS DIVB traded up $0.11 during trading on Friday, hitting $63.56. 102,323 shares of the company traded hands, compared to its average volume of 120,206. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 17.52 and a beta of 0.94. The business’s fifty day moving average is $60.90 and its 200 day moving average is $57.00. iShares Core Dividend ETF has a fifty-two week low of $49.28 and a fifty-two week high of $64.44.

iShares Core Dividend ETF 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.