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

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

iShares Core Dividend ETF Trading Down 1.0%

The company has a market cap of $1.32 billion, a P/E ratio of 17.52 and a beta of 0.94. The stock’s 50 day moving average is $68.06 and its 200-day moving average is $61.50.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of DIVB. Citizens National Bank Trust Department lifted its stake in shares of iShares Core Dividend ETF by 6.3% in the first quarter. Citizens National Bank Trust Department now owns 5,517 shares of the company’s stock worth $298,000 after buying an additional 328 shares in the last quarter. Cedar Mountain Advisors LLC grew its holdings in shares of iShares Core Dividend ETF by 0.4% during the second quarter. Cedar Mountain Advisors LLC now owns 104,443 shares of the company’s stock valued at $6,434,000 after buying an additional 415 shares during the last quarter. Dynamic Advisor Solutions LLC grew its holdings in shares of iShares Core Dividend ETF by 6.2% during the second quarter. Dynamic Advisor Solutions LLC now owns 7,380 shares of the company’s stock valued at $455,000 after buying an additional 433 shares during the last quarter. Signaturefd LLC purchased a new stake in shares of iShares Core Dividend ETF during the third quarter valued at approximately $32,000. Finally, Alpine Bank Wealth Management bought a new stake in shares of iShares Core Dividend ETF during the third quarter valued at approximately $47,000.

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.