Royal Bank of Canada Has $5.09 Million Stake in iShares Core Dividend ETF $DIVB

Royal Bank of Canada lifted its stake in iShares Core Dividend ETF (BATS:DIVB) by 307.8% in the first quarter, Holdings Channel.com reports. The firm owned 94,420 shares of the company’s stock after acquiring an additional 71,268 shares during the quarter. Royal Bank of Canada’s holdings in iShares Core Dividend ETF were worth $5,093,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. LPL Financial LLC grew its position in iShares Core Dividend ETF by 30.8% during the fourth quarter. LPL Financial LLC now owns 3,577,926 shares of the company’s stock valued at $190,167,000 after purchasing an additional 842,674 shares in the last quarter. Bank of America Corp DE increased its stake in iShares Core Dividend ETF by 54.6% in the 3rd quarter. Bank of America Corp DE now owns 1,095,156 shares of the company’s stock valued at $57,222,000 after buying an additional 386,596 shares during the period. Advisors Capital Management LLC lifted its position in iShares Core Dividend ETF by 536.9% in the 4th quarter. Advisors Capital Management LLC now owns 689,600 shares of the company’s stock worth $36,652,000 after buying an additional 581,322 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in iShares Core Dividend ETF by 1.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 683,830 shares of the company’s stock worth $36,346,000 after buying an additional 11,997 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in iShares Core Dividend ETF by 6.7% in the 1st quarter. Cetera Investment Advisers now owns 555,621 shares of the company’s stock worth $29,976,000 after buying an additional 35,004 shares in the last quarter.

iShares Core Dividend ETF Stock Up 0.0%

Shares of BATS:DIVB opened at $67.75 on Thursday. The firm has a fifty day moving average of $63.57 and a two-hundred day moving average of $58.87. iShares Core Dividend ETF has a 12-month low of $50.58 and a 12-month high of $67.88. The firm has a market capitalization of $1.25 billion, a P/E ratio of 17.52 and a beta of 0.94.

iShares Core Dividend ETF Company Profile

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.