iShares Core Dividend ETF (BATS:DIVB – Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 216,273 shares, a growth of 735.2% from the September 30th total of 25,894 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average trading volume of 344,933 shares, the days-to-cover ratio is currently 0.6 days.
Institutional Investors Weigh In On iShares Core Dividend ETF
Several hedge funds have recently added to or reduced their stakes in DIVB. Corient Private Wealth LP increased its holdings in iShares Core Dividend ETF by 1,783.1% in the 2nd quarter. Corient Private Wealth LP now owns 365,095 shares of the company’s stock worth $22,490,000 after acquiring an additional 345,707 shares during the last quarter. Citadel Advisors LLC bought a new stake in iShares Core Dividend ETF in the 2nd quarter valued at about $913,000. Independent Financial Group LLC bought a new stake in iShares Core Dividend ETF in the 1st quarter valued at about $3,405,000. Cetera Investment Advisers raised its stake 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 valued at $29,976,000 after acquiring an additional 35,004 shares during the period. Finally, Kellett Wealth Advisors LLC lifted its holdings in iShares Core Dividend ETF by 29.4% during the third quarter. Kellett Wealth Advisors LLC now owns 40,705 shares of the company’s stock valued at $2,626,000 after purchasing an additional 9,254 shares during the last quarter.
iShares Core Dividend ETF Price Performance
Shares of BATS DIVB opened at $69.99 on Wednesday. The business has a 50-day moving average of $67.77 and a 200-day moving average of $61.00. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of 17.52 and a beta of 0.94. iShares Core Dividend ETF has a fifty-two week low of $50.58 and a fifty-two week high of $71.64.
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.
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