Shepherd Financial Partners LLC Acquires Shares of 5,097 iShares Core Dividend ETF (BATS:DIVB)

Shepherd Financial Partners LLC bought a new position in shares of iShares Core Dividend ETF (BATS:DIVB) during the fourth quarter, Holdings Channel.com reports. The fund bought 5,097 shares of the company’s stock, valued at approximately $242,000.

Several other institutional investors and hedge funds have also made changes to their positions in DIVB. Sound Income Strategies LLC boosted its holdings 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 valued at $26,000 after acquiring an additional 501 shares during the period. GPS Wealth Strategies Group LLC increased its stake in iShares Core Dividend ETF by 858.1% in the fourth 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 during the period. Valley National Advisers Inc. raised its holdings in shares of iShares Core Dividend ETF by 353.6% in the third quarter. Valley National Advisers Inc. now owns 2,295 shares of the company’s stock valued at $110,000 after buying an additional 1,789 shares during the last quarter. FMR LLC boosted its stake in shares of iShares Core Dividend ETF by 23.9% during the third quarter. FMR LLC now owns 2,601 shares of the company’s stock worth $126,000 after buying an additional 501 shares during the period. Finally, AdvisorNet Financial Inc grew its holdings 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 buying an additional 3,370 shares during the last quarter.

iShares Core Dividend ETF Trading Up 3.8 %

iShares Core Dividend ETF stock opened at $49.50 on Friday. The stock has a 50 day moving average of $48.67 and a two-hundred day moving average of $48.20. iShares Core Dividend ETF has a twelve month low of $20.77 and a twelve month high of $32.90. The stock has a market capitalization of $391.04 million, a price-to-earnings ratio of 16.30 and a beta of 0.78.

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.