iShares Core Dividend ETF (BATS:DIVB) Reaches New 1-Year High – Time to Buy?

Shares of iShares Core Dividend ETF (BATS:DIVB) reached a new 52-week high during trading on Tuesday . The stock traded as high as $54.49 and last traded at $53.5610, with a volume of 248298 shares changing hands. The stock had previously closed at $54.37.

iShares Core Dividend ETF Stock Performance

The company has a 50-day moving average of $52.58 and a 200-day moving average of $51.63. The stock has a market capitalization of $985.52 million, a price-to-earnings ratio of 17.52 and a beta of 0.94.

Institutional Trading of iShares Core Dividend ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Capital Advisors Ltd. LLC boosted its stake in shares of iShares Core Dividend ETF by 3.2% during the third quarter. Capital Advisors Ltd. LLC now owns 6,378 shares of the company’s stock valued at $333,000 after acquiring an additional 197 shares during the last quarter. Florida Financial Advisors LLC lifted its holdings in iShares Core Dividend ETF by 4.2% in the 3rd quarter. Florida Financial Advisors LLC now owns 5,448 shares of the company’s stock valued at $285,000 after purchasing an additional 222 shares in the last quarter. Advisory Services Network LLC boosted its stake in shares of iShares Core Dividend ETF by 2.7% during the 3rd quarter. Advisory Services Network LLC now owns 8,864 shares of the company’s stock worth $463,000 after purchasing an additional 232 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its stake in shares of iShares Core Dividend ETF by 2.2% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 13,631 shares of the company’s stock worth $712,000 after purchasing an additional 299 shares during the last quarter. Finally, Bogart Wealth LLC grew its holdings in shares of iShares Core Dividend ETF by 37.5% during the second quarter. Bogart Wealth LLC now owns 1,100 shares of the company’s stock worth $55,000 after buying an additional 300 shares in the last quarter.

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.