JPMorgan Chase & Co. Purchases 16,920 Shares of iShares Core Dividend ETF (BATS:DIVB)

JPMorgan Chase & Co. increased its position in shares of iShares Core Dividend ETF (BATS:DIVB) by 25.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 82,421 shares of the company’s stock after purchasing an additional 16,920 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Core Dividend ETF were worth $3,907,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC increased its holdings in iShares Core Dividend ETF by 863.8% during the fourth quarter. Sound Income Strategies LLC now owns 559 shares of the company’s stock valued at $26,000 after buying an additional 501 shares during the period. Stonebridge Financial Group LLC purchased a new stake in shares of iShares Core Dividend ETF during the fourth quarter valued at about $32,000. PNC Financial Services Group Inc. bought a new stake in shares of iShares Core Dividend ETF in the 4th quarter valued at about $47,000. GPS Wealth Strategies Group LLC grew its position in shares of 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 worth $53,000 after buying an additional 1,004 shares during the last quarter. Finally, FMR LLC lifted its holdings in shares of 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 purchasing an additional 501 shares during the last quarter.

iShares Core Dividend ETF Price Performance

Shares of DIVB opened at $44.97 on Monday. The firm has a market capitalization of $651.99 million, a PE ratio of 18.41 and a beta of 0.95. The company’s fifty day moving average price is $47.86 and its 200-day moving average price is $48.60. iShares Core Dividend ETF has a 1-year low of $41.80 and a 1-year high of $51.14.

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.