Verity Asset Management Inc. Makes New $3.61 Million Investment in iShares Core Dividend ETF (BATS:DIVB)

Verity Asset Management Inc. bought a new position in shares of iShares Core Dividend ETF (BATS:DIVB) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 74,591 shares of the company’s stock, valued at approximately $3,612,000. iShares Core Dividend ETF accounts for approximately 1.4% of Verity Asset Management Inc.’s investment portfolio, making the stock its 14th largest holding. Verity Asset Management Inc. owned 0.94% of iShares Core Dividend ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of DIVB. Janney Montgomery Scott LLC boosted its position in iShares Core Dividend ETF by 3.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 7,630 shares of the company’s stock valued at $340,000 after purchasing an additional 254 shares during the period. Kingsview Wealth Management LLC increased its holdings in shares of iShares Core Dividend ETF by 4.1% in the 1st quarter. Kingsview Wealth Management LLC now owns 9,694 shares of the company’s stock worth $431,000 after acquiring an additional 384 shares during the period. Tandem Capital Management Corp ADV lifted its position in iShares Core Dividend ETF by 3.5% in the 1st quarter. Tandem Capital Management Corp ADV now owns 11,250 shares of the company’s stock valued at $501,000 after purchasing an additional 380 shares during the last quarter. Cetera Investment Advisers acquired a new position in iShares Core Dividend ETF during the 1st quarter valued at about $2,999,000. Finally, Cetera Advisors LLC bought a new position in iShares Core Dividend ETF in the 1st quarter worth about $2,735,000.

iShares Core Dividend ETF Stock Performance

Shares of DIVB stock opened at $49.79 on Friday. iShares Core Dividend ETF has a 1 year low of $20.77 and a 1 year high of $32.90. The firm has a market capitalization of $393.34 million, a PE ratio of 16.30 and a beta of 0.78. The stock has a fifty day moving average of $48.34 and a two-hundred day moving average of $45.96.

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.