iShares Core Dividend ETF (BATS:DIVB) Stock Short Interest Drops 83.6%

iShares Core Dividend ETF (BATS:DIVB) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 25,894 shares, a decrease of 83.6% from the September 15th total of 158,212 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 301,247 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On iShares Core Dividend ETF

Large investors have recently modified their holdings of the company. Corient Private Wealth LP raised its position in shares of 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 in the last quarter. Kestra Advisory Services LLC grew its stake in iShares Core Dividend ETF by 278.5% during the first quarter. Kestra Advisory Services LLC now owns 283,952 shares of the company’s stock worth $15,319,000 after purchasing an additional 208,924 shares during the period. Bank of America Corp DE grew its stake in iShares Core Dividend ETF by 13.4% during the first quarter. Bank of America Corp DE now owns 1,345,888 shares of the company’s stock worth $72,611,000 after purchasing an additional 159,091 shares during the period. Royal Bank of Canada grew its stake in iShares Core Dividend ETF by 307.8% during the first quarter. Royal Bank of Canada now owns 94,420 shares of the company’s stock worth $5,093,000 after purchasing an additional 71,268 shares during the period. Finally, Independent Financial Group LLC acquired a new stake in iShares Core Dividend ETF during the first quarter worth approximately $3,405,000.

iShares Core Dividend ETF Stock Down 0.2%

iShares Core Dividend ETF stock traded down $0.15 during mid-day trading on Friday, hitting $66.17. 166,418 shares of the stock were exchanged, compared to its average volume of 174,173. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 17.52 and a beta of 0.94. iShares Core Dividend ETF has a 12 month low of $50.58 and a 12 month high of $69.82. The firm’s fifty day simple moving average is $67.38 and its two-hundred day simple moving average is $62.38.

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.