iShares Core Dividend ETF (BATS:DIVB) Reaches New 1-Year High – What’s Next?

Shares of iShares Core Dividend ETF (BATS:DIVB) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $68.86 and last traded at $68.77, with a volume of 17872 shares traded. The stock had previously closed at $68.00.

iShares Core Dividend ETF Stock Up 1.8%

The stock has a 50-day simple moving average of $64.09 and a 200 day simple moving average of $59.25. The company has a market cap of $1.27 billion, a PE ratio of 17.52 and a beta of 0.94.

Institutional Trading of iShares Core Dividend ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Miller Capital Partners Inc. acquired a new position in iShares Core Dividend ETF in the fourth quarter valued at about $40,000. CWM LLC acquired a new stake in shares of iShares Core Dividend ETF during the fourth quarter valued at about $70,000. Wiregrass Investment Management LLC purchased a new stake in shares of iShares Core Dividend ETF in the 4th quarter valued at approximately $204,000. Next Capital Management LLC purchased a new stake in shares of iShares Core Dividend ETF in the 4th quarter valued at approximately $205,000. Finally, GC Wealth Management RIA LLC purchased a new stake in shares of iShares Core Dividend ETF in the 1st quarter valued at approximately $208,000.

iShares Core Dividend ETF Company 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.