iShares Core Dividend ETF (BATS:DIVB) Sets New 1-Year High – What’s Next?

iShares Core Dividend ETF (BATS:DIVB)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $54.49 and last traded at $53.9190, with a volume of 248298 shares changing hands. The stock had previously closed at $54.37.

iShares Core Dividend ETF Trading Down 0.5%

The stock has a market cap of $995.55 million, a PE ratio of 17.52 and a beta of 0.94. The business has a 50 day moving average of $53.20 and a 200-day moving average of $52.08.

Institutional Trading of iShares Core Dividend ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Aspire Capital Advisors LLC grew its position in iShares Core Dividend ETF by 4.6% during the 4th quarter. Aspire Capital Advisors LLC now owns 198,886 shares of the company’s stock worth $10,571,000 after purchasing an additional 8,743 shares during the last quarter. M3 Advisory Group LLC boosted its stake in shares of iShares Core Dividend ETF by 6.0% during the fourth quarter. M3 Advisory Group LLC now owns 4,464 shares of the company’s stock worth $237,000 after buying an additional 252 shares during the period. PFG Private Wealth Management LLC purchased a new position in shares of iShares Core Dividend ETF during the fourth quarter worth about $365,000. ADG Wealth Management Group LLC increased its position in iShares Core Dividend ETF by 6.5% in the 4th quarter. ADG Wealth Management Group LLC now owns 19,122 shares of the company’s stock valued at $1,016,000 after acquiring an additional 1,163 shares during the period. Finally, Breakwater Capital Group raised its stake in iShares Core Dividend ETF by 2.7% during the 4th quarter. Breakwater Capital Group now owns 99,949 shares of the company’s stock valued at $5,312,000 after acquiring an additional 2,601 shares during 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.