Paradiem LLC Has $600,000 Stake in iShares Core Dividend ETF $DIVB

Paradiem LLC reduced its stake in shares of iShares Core Dividend ETF (BATS:DIVB) by 98.9% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 11,127 shares of the company’s stock after selling 966,829 shares during the period. Paradiem LLC owned about 0.06% of iShares Core Dividend ETF worth $600,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Miller Capital Partners Inc. bought a new position in shares of iShares Core Dividend ETF during the fourth quarter valued at about $40,000. CWM LLC purchased a new stake in iShares Core Dividend ETF in the 4th quarter valued at about $70,000. United Advisor Group LLC bought a new position in shares of iShares Core Dividend ETF during the 4th quarter worth approximately $203,000. Wiregrass Investment Management LLC purchased a new position in shares of iShares Core Dividend ETF in the 4th quarter worth approximately $204,000. Finally, Next Capital Management LLC purchased a new position in shares of iShares Core Dividend ETF in the 4th quarter worth approximately $205,000.

iShares Core Dividend ETF Stock Performance

Shares of DIVB opened at $63.56 on Monday. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 17.52 and a beta of 0.94. The stock has a 50 day moving average of $60.90 and a 200 day moving average of $57.02. iShares Core Dividend ETF has a 12 month low of $49.28 and a 12 month high of $64.44.

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.