Commonwealth Equity Services LLC Makes New $16.56 Million Investment in iShares Core Dividend ETF $DIVB

Commonwealth Equity Services LLC purchased a new stake in shares of iShares Core Dividend ETF (BATS:DIVB) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 256,670 shares of the company’s stock, valued at approximately $16,558,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in DIVB. Signaturefd LLC bought a new position in shares of iShares Core Dividend ETF in the third quarter worth about $32,000. Alpine Bank Wealth Management bought a new stake in iShares Core Dividend ETF during the 3rd quarter valued at approximately $47,000. Capital Analysts LLC boosted its stake in iShares Core Dividend ETF by 821.1% during the 2nd quarter. Capital Analysts LLC now owns 2,966 shares of the company’s stock valued at $183,000 after purchasing an additional 2,644 shares during the period. Partners Wealth Management LLC acquired a new stake in iShares Core Dividend ETF in the 3rd quarter valued at approximately $218,000. Finally, Trilogy Capital Inc. acquired a new stake in iShares Core Dividend ETF in the 2nd quarter valued at approximately $210,000.

iShares Core Dividend ETF Stock Up 0.5%

Shares of BATS DIVB opened at $71.35 on Wednesday. The business’s 50 day moving average is $68.22 and its two-hundred day moving average is $61.83. The company has a market cap of $2.36 billion, a P/E ratio of 17.55 and a beta of 0.86. iShares Core Dividend ETF has a 12 month low of $50.58 and a 12 month high of $73.15.

About iShares Core Dividend ETF

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.