Sunburst Financial Group LLC Increases Stock Position in iShares Core Dividend ETF $DIVB

Sunburst Financial Group LLC boosted its position in shares of iShares Core Dividend ETF (BATS:DIVB) by 4.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 317,289 shares of the company’s stock after purchasing an additional 14,744 shares during the quarter. iShares Core Dividend ETF comprises about 3.2% of Sunburst Financial Group LLC’s holdings, making the stock its 10th biggest holding. Sunburst Financial Group LLC owned 1.72% of iShares Core Dividend ETF worth $19,545,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of DIVB. Royal Bank of Canada raised its holdings in iShares Core Dividend ETF by 59.6% in the first quarter. Royal Bank of Canada now owns 204,272 shares of the company’s stock worth $9,910,000 after buying an additional 76,298 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of iShares Core Dividend ETF during the first quarter valued at approximately $2,108,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Core Dividend ETF by 54.3% during the second quarter. JPMorgan Chase & Co. now owns 130,774 shares of the company’s stock valued at $6,581,000 after buying an additional 46,000 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares Core Dividend ETF by 16.6% during the second quarter. Bank of America Corp DE now owns 708,560 shares of the company’s stock valued at $35,655,000 after acquiring an additional 100,621 shares in the last quarter. Finally, Great Valley Advisor Group Inc. increased its position in shares of iShares Core Dividend ETF by 454.6% during the second quarter. Great Valley Advisor Group Inc. now owns 36,878 shares of the company’s stock valued at $1,855,000 after acquiring an additional 30,229 shares in the last quarter.

iShares Core Dividend ETF Stock Up 0.7%

Shares of BATS DIVB opened at $67.30 on Friday. iShares Core Dividend ETF has a twelve month low of $50.02 and a twelve month high of $67.32. The firm has a market cap of $1.24 billion, a P/E ratio of 17.52 and a beta of 0.94. The company has a 50 day moving average of $63.23 and a 200 day moving average of $58.55.

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.