Compass Financial Services Inc Cuts Stock Position in iShares Core Dividend ETF $DIVB

Compass Financial Services Inc trimmed its stake in shares of iShares Core Dividend ETF (BATS:DIVB) by 25.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,134 shares of the company’s stock after selling 39,124 shares during the period. iShares Core Dividend ETF accounts for 2.7% of Compass Financial Services Inc’s holdings, making the stock its 13th biggest position. Compass Financial Services Inc owned about 0.63% of iShares Core Dividend ETF worth $6,211,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Royal Bank of Canada lifted its stake in iShares Core Dividend ETF by 59.6% in the 1st quarter. Royal Bank of Canada now owns 204,272 shares of the company’s stock valued at $9,910,000 after buying an additional 76,298 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in iShares Core Dividend ETF during the 1st quarter worth approximately $2,108,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Core Dividend ETF by 54.3% during the second quarter. JPMorgan Chase & Co. now owns 130,774 shares of the company’s stock valued at $6,581,000 after acquiring an additional 46,000 shares during the last quarter. Bank of America Corp DE lifted its position in shares of iShares Core Dividend ETF by 16.6% in the second quarter. Bank of America Corp DE now owns 708,560 shares of the company’s stock valued at $35,655,000 after acquiring an additional 100,621 shares in the last quarter. Finally, Great Valley Advisor Group Inc. boosted its stake in shares of iShares Core Dividend ETF by 454.6% in the second quarter. Great Valley Advisor Group Inc. now owns 36,878 shares of the company’s stock worth $1,855,000 after acquiring an additional 30,229 shares during the last quarter.

iShares Core Dividend ETF Stock Performance

Shares of DIVB traded up $0.11 during trading hours on Friday, hitting $63.56. 102,323 shares of the stock were exchanged, compared to its average volume of 120,206. The stock’s 50-day moving average price is $60.90 and its two-hundred day moving average price is $57.00. iShares Core Dividend ETF has a 12-month low of $49.28 and a 12-month high of $64.44. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 17.52 and a beta of 0.94.

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.