iShares Core Dividend ETF (BATS:DIVB) Reaches New 52-Week High – What’s Next?

iShares Core Dividend ETF (BATS:DIVB) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $68.35 and last traded at $67.98, with a volume of 14904 shares trading hands. The stock had previously closed at $67.75.

iShares Core Dividend ETF Price Performance

The stock has a market capitalization of $1.25 billion, a P/E ratio of 17.52 and a beta of 0.94. The stock has a 50 day moving average price of $63.57 and a 200-day moving average price of $58.87.

Institutional Trading of iShares Core Dividend ETF

Several large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC raised its stake in shares of iShares Core Dividend ETF by 7,045.4% in the fourth quarter. Farther Finance Advisors LLC now owns 244,014 shares of the company’s stock valued at $12,969,000 after acquiring an additional 240,599 shares during the period. Quotient Wealth Partners LLC purchased a new position in shares of iShares Core Dividend ETF during the 1st quarter worth about $806,000. IAG Wealth Partners LLC boosted its stake in shares of iShares Core Dividend ETF by 1.7% during the 4th quarter. IAG Wealth Partners LLC now owns 525,995 shares of the company’s stock worth $27,957,000 after purchasing an additional 8,626 shares during the period. San Luis Wealth Advisors LLC grew its holdings in iShares Core Dividend ETF by 24.4% during the 4th quarter. San Luis Wealth Advisors LLC now owns 297,407 shares of the company’s stock valued at $15,807,000 after purchasing an additional 58,270 shares during the last quarter. Finally, Independent Financial Group LLC bought a new position in iShares Core Dividend ETF during the 1st quarter valued at about $3,405,000.

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.