Money Concepts Capital Corp Boosts Stake in iShares Core Dividend ETF $DIVB

Money Concepts Capital Corp raised its position in iShares Core Dividend ETF (BATS:DIVB) by 13.5% during the fourth quarter, Holdings Channel reports. The fund owned 96,183 shares of the company’s stock after acquiring an additional 11,450 shares during the period. Money Concepts Capital Corp’s holdings in iShares Core Dividend ETF were worth $5,112,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. CWM LLC bought a new position in iShares Core Dividend ETF in the fourth quarter valued at about $70,000. AE Wealth Management LLC bought a new position in iShares Core Dividend ETF in the third quarter valued at about $181,000. United Advisor Group LLC bought a new position in iShares Core Dividend ETF in the fourth quarter valued at about $203,000. Focus Partners Advisor Solutions LLC bought a new position in iShares Core Dividend ETF in the third quarter valued at about $207,000. Finally, Lantern Wealth Advisors LLC bought a new position in iShares Core Dividend ETF in the third quarter valued at about $213,000.

iShares Core Dividend ETF Stock Performance

DIVB stock opened at $58.45 on Tuesday. iShares Core Dividend ETF has a fifty-two week low of $47.61 and a fifty-two week high of $58.57. The business’s 50-day moving average is $55.20 and its two-hundred day moving average is $54.29. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 17.52 and a beta of 0.94.

iShares Core Dividend ETF 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.