iShares Core Dividend ETF (BATS:DIVB) Reaches New 52-Week High – Here’s Why

by · The Markets Daily

iShares Core Dividend ETF (BATS:DIVB – Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday. The company traded as high as $73.15 and last traded at $73.0070, with a volume of 68,476 shares. The stock had previously closed at $72.38.

iShares Core Dividend ETF Trading Down 1.0%

The stock’s fifty day moving average price is $68.06 and its 200 day moving average price is $61.50. The stock has a market cap of $1.32 billion, a P/E ratio of 17.52 and a beta of 0.94.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Signaturefd LLC purchased a new stake in shares of iShares Core Dividend ETF in the 3rd quarter worth approximately $32,000. Alpine Bank Wealth Management bought a new position in iShares Core Dividend ETF during the 3rd quarter valued at approximately $47,000. Capital Analysts LLC raised 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 buying an additional 2,644 shares during the last quarter. Partners Wealth Management LLC purchased a new position in iShares Core Dividend ETF during the third quarter valued at $218,000. Finally, Trilogy Capital Inc. purchased a new position in iShares Core Dividend ETF during the second quarter valued at $210,000.

iShares Core Dividend ETF Company Profile

(Get Free Report)

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.

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