iShares Core Dividend ETF (BATS:DIVB) Hits New 1-Year High – Should You Buy?

Shares of iShares Core Dividend ETF (BATS:DIVBGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $58.08 and last traded at $57.96, with a volume of 5732 shares. The stock had previously closed at $57.10.

iShares Core Dividend ETF Trading Up 0.8%

The company has a market capitalization of $1.07 billion, a PE ratio of 17.52 and a beta of 0.94. The stock’s 50-day moving average is $55.12 and its two-hundred day moving average is $54.20.

Institutional Investors Weigh In On iShares Core Dividend ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Miller Capital Partners Inc. purchased a new position in iShares Core Dividend ETF during the 4th quarter valued at $40,000. CWM LLC purchased a new stake in iShares Core Dividend ETF in the fourth quarter worth $70,000. AE Wealth Management LLC purchased a new stake in iShares Core Dividend ETF in the third quarter worth $181,000. United Advisor Group LLC bought a new stake in shares of iShares Core Dividend ETF during the fourth quarter worth $203,000. Finally, Wiregrass Investment Management LLC bought a new stake in shares of iShares Core Dividend ETF during the fourth quarter worth $204,000.

About iShares Core Dividend ETF

(Get Free Report)

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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