Advisors Capital Management LLC Has $5.66 Million Stock Position in iShares Core Dividend ETF $DIVB

Advisors Capital Management LLC raised its holdings in iShares Core Dividend ETF (BATS:DIVB) by 46.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 108,278 shares of the company’s stock after purchasing an additional 34,488 shares during the quarter. Advisors Capital Management LLC owned 0.59% of iShares Core Dividend ETF worth $5,658,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of DIVB. Twin Peaks Wealth Advisors LLC bought a new stake in shares of iShares Core Dividend ETF during the 2nd quarter worth $42,000. Bogart Wealth LLC raised its stake in iShares Core Dividend ETF by 37.5% during the second quarter. Bogart Wealth LLC now owns 1,100 shares of the company’s stock worth $55,000 after acquiring an additional 300 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of iShares Core Dividend ETF in the second quarter worth about $63,000. Spire Wealth Management bought a new position in shares of iShares Core Dividend ETF in the second quarter worth about $150,000. Finally, AE Wealth Management LLC acquired a new stake in shares of iShares Core Dividend ETF in the 3rd quarter valued at approximately $181,000.

iShares Core Dividend ETF Trading Up 0.5%

Shares of iShares Core Dividend ETF stock opened at $56.56 on Thursday. The firm’s 50 day moving average is $54.64 and its 200 day moving average is $52.81. The firm has a market capitalization of $1.04 billion, a PE ratio of 17.52 and a beta of 0.94. iShares Core Dividend ETF has a 1 year low of $41.80 and a 1 year high of $57.33.

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.