iShares Core Dividend ETF (BATS:DIVB) Short Interest Down 47.6% in June

iShares Core Dividend ETF (BATS:DIVB) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 88,159 shares, a decline of 47.6% from the May 31st total of 168,145 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 93,445 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On iShares Core Dividend ETF

Institutional investors have recently added to or reduced their stakes in the business. Paradiem LLC raised its position in shares of iShares Core Dividend ETF by 2,928.8% in the fourth quarter. Paradiem LLC now owns 977,956 shares of the company’s stock valued at $51,978,000 after purchasing an additional 945,667 shares during the period. Farther Finance Advisors LLC grew its stake in iShares Core Dividend ETF by 7,045.4% in the 4th quarter. Farther Finance Advisors LLC now owns 244,014 shares of the company’s stock valued at $12,969,000 after buying an additional 240,599 shares in the last quarter. Foguth Wealth Management LLC. bought a new stake in iShares Core Dividend ETF during the 4th quarter valued at $26,952,000. Integrity Advisory Solutions LLC bought a new stake in iShares Core Dividend ETF during the 3rd quarter valued at $477,000. Finally, San Luis Wealth Advisors LLC raised its holdings in iShares Core Dividend ETF by 24.4% during the 4th quarter. San Luis Wealth Advisors LLC now owns 297,407 shares of the company’s stock valued at $15,807,000 after acquiring an additional 58,270 shares during the period.

iShares Core Dividend ETF Price Performance

Shares of BATS DIVB opened at $62.05 on Tuesday. The stock has a market capitalization of $1.14 billion, a PE ratio of 17.52 and a beta of 0.94. iShares Core Dividend ETF has a one year low of $49.28 and a one year high of $62.62. The business’s fifty day moving average price is $59.67 and its 200-day moving average price is $56.42.

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.