iShares Core Dividend ETF (BATS:DIVB) Short Interest Update

iShares Core Dividend ETF (BATS:DIVB) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 168,145 shares, a growth of 140.2% from the May 14th total of 70,004 shares. Based on an average daily trading volume, of 133,478 shares, the short-interest ratio is presently 1.3 days. Approximately 0.9% of the shares of the stock are sold short.

iShares Core Dividend ETF Stock Performance

Shares of DIVB stock opened at $62.15 on Friday. iShares Core Dividend ETF has a 52-week low of $48.84 and a 52-week high of $62.62. The firm has a market capitalization of $1.14 billion, a PE ratio of 17.52 and a beta of 0.94. The stock has a fifty day simple moving average of $58.20 and a two-hundred day simple moving average of $55.73.

Institutional Investors Weigh In On iShares Core Dividend ETF

A number of institutional investors have recently bought and sold shares of DIVB. Royal Bank of Canada increased 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 worth $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 in the 1st quarter worth $2,108,000. JPMorgan Chase & Co. increased its stake in iShares Core Dividend ETF by 54.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 130,774 shares of the company’s stock worth $6,581,000 after buying an additional 46,000 shares in the last quarter. Bank of America Corp DE increased its stake in iShares Core Dividend ETF by 16.6% in the 2nd quarter. Bank of America Corp DE now owns 708,560 shares of the company’s stock worth $35,655,000 after buying an additional 100,621 shares in the last quarter. Finally, Great Valley Advisor Group Inc. increased its stake in iShares Core Dividend ETF by 454.6% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 36,878 shares of the company’s stock worth $1,855,000 after buying an additional 30,229 shares in the last quarter.

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.