iShares Core Dividend ETF (BATS:DIVB) Reaches New 52-Week High – Time to Buy?

iShares Core Dividend ETF (BATS:DIVB) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $58.57 and last traded at $58.45, with a volume of 107899 shares changing hands. The stock had previously closed at $58.20.

iShares Core Dividend ETF Stock Performance

The stock has a market cap of $1.08 billion, a P/E ratio of 17.52 and a beta of 0.94. The stock’s fifty day simple moving average is $55.20 and its 200-day simple moving average is $54.29.

Institutional Trading of iShares Core Dividend ETF

A number of institutional investors have recently bought and sold shares of the business. LPL Financial LLC boosted its holdings in iShares Core Dividend ETF by 30.8% in the 4th 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 during the period. Bank of America Corp DE boosted its holdings 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 purchasing an additional 386,596 shares during the period. Paradiem LLC boosted its holdings in iShares Core Dividend ETF by 2,928.8% in the 4th quarter. Paradiem LLC now owns 977,956 shares of the company’s stock valued at $51,978,000 after purchasing an additional 945,667 shares during the period. Advisors Capital Management LLC boosted its holdings 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 valued at $36,652,000 after purchasing an additional 581,322 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of iShares Core Dividend ETF by 1.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 683,830 shares of the company’s stock worth $36,346,000 after acquiring an additional 11,997 shares during the period.

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.