LPL Financial LLC Has $79.70 Million Position in iShares Core Dividend ETF (BATS:DIVB)

LPL Financial LLC raised its position in iShares Core Dividend ETF (BATS:DIVB) by 23.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,681,458 shares of the company’s stock after purchasing an additional 315,007 shares during the period. LPL Financial LLC owned approximately 21.28% of iShares Core Dividend ETF worth $79,701,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Sound Income Strategies LLC raised its stake in iShares Core Dividend ETF by 863.8% during the 4th quarter. Sound Income Strategies LLC now owns 559 shares of the company’s stock worth $26,000 after buying an additional 501 shares during the period. Stonebridge Financial Group LLC bought a new stake in shares of iShares Core Dividend ETF in the fourth quarter worth about $32,000. PNC Financial Services Group Inc. acquired a new stake in shares of iShares Core Dividend ETF during the fourth quarter worth about $47,000. GPS Wealth Strategies Group LLC lifted its holdings in shares of iShares Core Dividend ETF by 858.1% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,121 shares of the company’s stock valued at $53,000 after purchasing an additional 1,004 shares in the last quarter. Finally, FMR LLC grew its position in shares of iShares Core Dividend ETF by 23.9% in the 3rd quarter. FMR LLC now owns 2,601 shares of the company’s stock valued at $126,000 after purchasing an additional 501 shares during the period.

iShares Core Dividend ETF Stock Performance

BATS DIVB opened at $48.73 on Thursday. The stock has a market cap of $672.47 million, a price-to-earnings ratio of 19.35 and a beta of 0.99. iShares Core Dividend ETF has a 52-week low of $42.03 and a 52-week high of $51.14. The business has a 50 day simple moving average of $49.33 and a 200 day simple moving average of $48.91.

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.