Cedar Mountain Advisors LLC Acquires 2,923 Shares of iShares Core Dividend ETF $DIVB

Cedar Mountain Advisors LLC grew its stake in iShares Core Dividend ETF (BATS:DIVB) by 3.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,487 shares of the company’s stock after acquiring an additional 2,923 shares during the period. iShares Core Dividend ETF accounts for approximately 1.0% of Cedar Mountain Advisors LLC’s holdings, making the stock its 20th largest position. Cedar Mountain Advisors LLC owned approximately 0.54% of iShares Core Dividend ETF worth $4,956,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Peoples Bank OH acquired a new position in iShares Core Dividend ETF in the second quarter valued at about $1,641,000. Ameritas Advisory Services LLC acquired a new stake in shares of iShares Core Dividend ETF in the 2nd quarter valued at about $52,000. Paradiem LLC acquired a new stake in shares of iShares Core Dividend ETF in the 2nd quarter worth about $78,518,000. Janney Montgomery Scott LLC grew its position in iShares Core Dividend ETF by 53.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 29,266 shares of the company’s stock worth $1,473,000 after purchasing an additional 10,177 shares in the last quarter. Finally, Prepared Retirement Institute LLC grew its position in iShares Core Dividend ETF by 9.1% during the second quarter. Prepared Retirement Institute LLC now owns 38,051 shares of the company’s stock valued at $1,915,000 after buying an additional 3,180 shares during the period.

iShares Core Dividend ETF Stock Performance

Shares of BATS DIVB opened at $52.36 on Monday. The stock has a fifty day moving average of $51.42 and a 200-day moving average of $49.34. The stock has a market cap of $963.33 million, a PE ratio of 17.52 and a beta of 0.94. iShares Core Dividend ETF has a fifty-two week low of $41.80 and a fifty-two week high of $51.76.

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.