RMR Wealth Builders Sells 11,812 Shares of iShares Core Dividend ETF (BATS:DIVB)

RMR Wealth Builders lowered its position in shares of iShares Core Dividend ETF (BATS:DIVB) by 53.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,420 shares of the company’s stock after selling 11,812 shares during the quarter. RMR Wealth Builders owned 0.16% of iShares Core Dividend ETF worth $428,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Element Wealth LLC boosted its stake in iShares Core Dividend ETF by 108.4% in the fourth quarter. Element Wealth LLC now owns 1,038 shares of the company’s stock valued at $43,000 after acquiring an additional 540 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in iShares Core Dividend ETF in the fourth quarter worth $46,000. Tennessee Valley Asset Management Partners bought a new stake in iShares Core Dividend ETF in the 4th quarter valued at about $141,000. Tranquility Partners LLC bought a new stake in iShares Core Dividend ETF in the 3rd quarter valued at about $205,000. Finally, CoreCap Advisors LLC purchased a new stake in iShares Core Dividend ETF during the fourth quarter valued at about $214,000.

iShares Core Dividend ETF Price Performance

Shares of DIVB traded up $0.17 during trading hours on Wednesday, hitting $43.54. The company’s stock had a trading volume of 44,028 shares. The business has a 50 day simple moving average of $43.27 and a two-hundred day simple moving average of $41.03. iShares Core Dividend ETF has a 52-week low of $20.77 and a 52-week high of $32.90. The company has a market cap of $343.97 million, a price-to-earnings ratio of 16.30 and a beta of 0.78.

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.