Foguth Wealth Management LLC. Increases Stock Position in iShares Core Dividend ETF (BATS:DIVB)

Foguth Wealth Management LLC. raised its stake in iShares Core Dividend ETF (BATS:DIVB) by 48.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 478,703 shares of the company’s stock after acquiring an additional 157,256 shares during the quarter. iShares Core Dividend ETF makes up 6.2% of Foguth Wealth Management LLC.’s holdings, making the stock its 2nd biggest position. Foguth Wealth Management LLC. owned approximately 6.06% of iShares Core Dividend ETF worth $23,624,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of DIVB. Sound Income Strategies LLC increased its stake in shares of iShares Core Dividend ETF by 863.8% in the fourth quarter. Sound Income Strategies LLC now owns 559 shares of the company’s stock worth $26,000 after purchasing an additional 501 shares in the last quarter. GPS Wealth Strategies Group LLC grew its stake in iShares Core Dividend ETF by 858.1% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,121 shares of the company’s stock valued at $53,000 after buying an additional 1,004 shares in the last quarter. Valley National Advisers Inc. raised its holdings in iShares Core Dividend ETF by 353.6% during the 3rd quarter. Valley National Advisers Inc. now owns 2,295 shares of the company’s stock valued at $110,000 after acquiring an additional 1,789 shares during the period. FMR LLC raised its holdings in iShares Core Dividend ETF by 23.9% during the 3rd quarter. FMR LLC now owns 2,601 shares of the company’s stock valued at $126,000 after acquiring an additional 501 shares during the period. Finally, AdvisorNet Financial Inc lifted its position in shares of iShares Core Dividend ETF by 1,643.9% during the fourth quarter. AdvisorNet Financial Inc now owns 3,575 shares of the company’s stock worth $169,000 after acquiring an additional 3,370 shares in the last quarter.

iShares Core Dividend ETF Stock Performance

Shares of BATS DIVB opened at $49.53 on Wednesday. iShares Core Dividend ETF has a fifty-two week low of $20.77 and a fifty-two week high of $32.90. The stock has a market cap of $391.29 million, a PE ratio of 16.30 and a beta of 0.78. The stock has a fifty day moving average of $48.74 and a 200-day moving average of $48.15.

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.