iShares Core Dividend ETF (BATS:DIVB) Hits New 52-Week High – Time to Buy?

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

iShares Core Dividend ETF Trading Up 1.8%

The stock has a 50-day moving average price of $64.09 and a two-hundred day moving average price of $59.25. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 17.52 and a beta of 0.94.

Institutional Investors Weigh In On iShares Core Dividend ETF

A number of large investors have recently modified their holdings of the business. Capital Advisors Ltd. LLC raised its stake in shares of iShares Core Dividend ETF by 2.9% during the 1st quarter. Capital Advisors Ltd. LLC now owns 6,568 shares of the company’s stock valued at $354,000 after buying an additional 185 shares during the last quarter. Advisory Services Network LLC boosted its stake in shares of iShares Core Dividend ETF by 2.7% in the third quarter. Advisory Services Network LLC now owns 8,864 shares of the company’s stock worth $463,000 after buying an additional 232 shares during the last quarter. CreativeOne Wealth LLC boosted its stake in shares of iShares Core Dividend ETF by 1.8% in the fourth quarter. CreativeOne Wealth LLC now owns 17,892 shares of the company’s stock worth $951,000 after buying an additional 315 shares during the last quarter. Csenge Advisory Group grew its holdings in iShares Core Dividend ETF by 6.1% during the fourth quarter. Csenge Advisory Group now owns 5,547 shares of the company’s stock worth $295,000 after acquiring an additional 317 shares during the period. Finally, Citizens National Bank Trust Department grew its holdings in iShares Core Dividend ETF by 6.3% during the first quarter. Citizens National Bank Trust Department now owns 5,517 shares of the company’s stock worth $298,000 after acquiring an additional 328 shares during the period.

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.