Welch Financial Planning LLC Makes New Investment in iShares Core Dividend ETF $DIVB

Welch Financial Planning LLC acquired a new stake in iShares Core Dividend ETF (BATS:DIVB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 228,474 shares of the company’s stock, valued at approximately $12,143,000. iShares Core Dividend ETF accounts for 8.8% of Welch Financial Planning LLC’s holdings, making the stock its 4th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Florida Financial Advisors LLC raised its holdings in iShares Core Dividend ETF by 4.2% in the third quarter. Florida Financial Advisors LLC now owns 5,448 shares of the company’s stock valued at $285,000 after acquiring an additional 222 shares in the last quarter. Advisory Services Network LLC lifted its stake in iShares Core Dividend ETF by 2.7% in the third quarter. Advisory Services Network LLC now owns 8,864 shares of the company’s stock worth $463,000 after acquiring an additional 232 shares during the last quarter. M3 Advisory Group LLC grew its holdings in iShares Core Dividend ETF by 6.0% during the 4th quarter. M3 Advisory Group LLC now owns 4,464 shares of the company’s stock worth $237,000 after acquiring an additional 252 shares in the last quarter. Gladstone Institutional Advisory LLC grew its holdings in iShares Core Dividend ETF by 2.2% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 13,631 shares of the company’s stock worth $712,000 after acquiring an additional 299 shares in the last quarter. Finally, Citizens National Bank Trust Department increased its position in shares of iShares Core Dividend ETF by 7.0% in the 4th quarter. Citizens National Bank Trust Department now owns 5,189 shares of the company’s stock valued at $276,000 after purchasing an additional 341 shares during the last quarter.

iShares Core Dividend ETF Trading Down 0.9%

Shares of DIVB opened at $57.10 on Tuesday. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 17.52 and a beta of 0.94. The firm’s fifty day simple moving average is $55.02 and its 200-day simple moving average is $54.07. iShares Core Dividend ETF has a twelve month low of $46.56 and a twelve month high of $57.97.

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.