iShares Core Dividend ETF (BATS:DIVB) Reaches New 12-Month High – Here’s What Happened

iShares Core Dividend ETF (BATS:DIVB)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $65.06 and last traded at $65.02, with a volume of 7414 shares trading hands. The stock had previously closed at $64.55.

iShares Core Dividend ETF Price Performance

The company has a market cap of $1.20 billion, a PE ratio of 17.52 and a beta of 0.94. The firm has a 50-day simple moving average of $61.99 and a two-hundred day simple moving average of $57.74.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Capital Advisors Ltd. LLC boosted its stake in shares of iShares Core Dividend ETF by 2.9% during the 1st quarter. Capital Advisors Ltd. LLC now owns 6,568 shares of the company’s stock worth $354,000 after purchasing an additional 185 shares during the last quarter. Advisory Services Network LLC lifted its stake in shares of iShares Core Dividend ETF by 2.7% during the third quarter. Advisory Services Network LLC now owns 8,864 shares of the company’s stock valued at $463,000 after buying an additional 232 shares during the period. M3 Advisory Group LLC lifted 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 valued at $237,000 after buying an additional 252 shares during the period. CreativeOne Wealth LLC boosted its position in iShares Core Dividend ETF by 1.8% during the fourth quarter. CreativeOne Wealth LLC now owns 17,892 shares of the company’s stock worth $951,000 after acquiring an additional 315 shares during the last quarter. Finally, Csenge Advisory Group grew its stake in iShares Core Dividend ETF by 6.1% in the 4th quarter. Csenge Advisory Group now owns 5,547 shares of the company’s stock worth $295,000 after acquiring an additional 317 shares during the period.

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.