Raymond James Financial Inc. Buys New Position in iShares Core Dividend ETF (BATS:DIVB)

Raymond James Financial Inc. bought a new stake in shares of iShares Core Dividend ETF (BATS:DIVB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 203,234 shares of the company’s stock, valued at approximately $9,633,000. Raymond James Financial Inc. owned approximately 2.57% of iShares Core Dividend ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kingsview Wealth Management LLC grew its stake in iShares Core Dividend ETF by 5.7% in the third quarter. Kingsview Wealth Management LLC now owns 9,238 shares of the company’s stock worth $448,000 after purchasing an additional 497 shares during the period. Larson Financial Group LLC grew its stake in iShares Core Dividend ETF by 17.4% in the third quarter. Larson Financial Group LLC now owns 26,728 shares of the company’s stock worth $1,295,000 after purchasing an additional 3,957 shares during the period. FMR LLC grew its stake in iShares Core Dividend ETF by 23.9% in the third quarter. FMR LLC now owns 2,601 shares of the company’s stock worth $126,000 after purchasing an additional 501 shares during the period. CreativeOne Wealth LLC purchased a new stake in iShares Core Dividend ETF in the third quarter worth $852,000. Finally, Integrated Wealth Concepts LLC grew its stake in iShares Core Dividend ETF by 7.2% in the third quarter. Integrated Wealth Concepts LLC now owns 6,363 shares of the company’s stock worth $308,000 after purchasing an additional 425 shares during the period.

iShares Core Dividend ETF Stock Up 0.8 %

Shares of DIVB stock opened at $48.08 on Friday. The stock has a market cap of $663.52 million, a price-to-earnings ratio of 19.35 and a beta of 0.99. The business’s fifty day moving average is $49.24 and its 200 day moving average is $48.87. iShares Core Dividend ETF has a twelve month low of $42.03 and a twelve month high of $51.14.

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.