63,113 Shares in iShares Core Dividend ETF $DIVB Acquired by Independent Financial Group LLC

Independent Financial Group LLC acquired a new position in iShares Core Dividend ETF (BATS:DIVB) in the first quarter, Holdings Channel reports. The firm acquired 63,113 shares of the company’s stock, valued at approximately $3,405,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIVB. LPL Financial LLC lifted its holdings in shares of iShares Core Dividend ETF by 30.8% in 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 boosted its position in shares of iShares Core Dividend ETF by 54.6% in the third quarter. Bank of America Corp DE now owns 1,095,156 shares of the company’s stock worth $57,222,000 after buying an additional 386,596 shares during the period. Paradiem LLC grew its holdings in shares of iShares Core Dividend ETF by 2,928.8% during the fourth quarter. Paradiem LLC now owns 977,956 shares of the company’s stock valued at $51,978,000 after buying an additional 945,667 shares in the last quarter. Advisors Capital Management LLC grew its holdings in shares of iShares Core Dividend ETF by 536.9% during the fourth quarter. Advisors Capital Management LLC now owns 689,600 shares of the company’s stock valued at $36,652,000 after buying an additional 581,322 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of iShares Core Dividend ETF by 1.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 683,830 shares of the company’s stock valued at $36,346,000 after buying an additional 11,997 shares in the last quarter.

iShares Core Dividend ETF Trading Down 0.5%

BATS:DIVB opened at $63.87 on Friday. The business’s fifty day moving average price is $61.47 and its 200 day moving average price is $57.35. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 17.52 and a beta of 0.94. iShares Core Dividend ETF has a 1-year low of $49.28 and a 1-year high of $64.93.

iShares Core Dividend ETF 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.