Foundations Investment Advisors LLC Makes New Investment in iShares Core Dividend ETF $DIVB

Foundations Investment Advisors LLC purchased a new position in shares of iShares Core Dividend ETF (BATS:DIVB) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 12,501 shares of the company’s stock, valued at approximately $629,000.

Several other institutional investors have also made changes to their positions in DIVB. Envestnet Asset Management Inc. increased its holdings in iShares Core Dividend ETF by 4.5% in the first quarter. Envestnet Asset Management Inc. now owns 48,398 shares of the company’s stock worth $2,348,000 after buying an additional 2,089 shares during the last quarter. Cerity Partners LLC grew its position in iShares Core Dividend ETF by 7.1% in the first quarter. Cerity Partners LLC now owns 6,723 shares of the company’s stock worth $326,000 after acquiring an additional 446 shares in the last quarter. Private Advisor Group LLC acquired a new position in shares of iShares Core Dividend ETF during the 1st quarter worth $360,000. Cetera Investment Advisers increased its stake in shares of iShares Core Dividend ETF by 4.5% during the 1st quarter. Cetera Investment Advisers now owns 145,174 shares of the company’s stock worth $7,044,000 after purchasing an additional 6,300 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in shares of iShares Core Dividend ETF by 17.4% during the 1st quarter. LPL Financial LLC now owns 1,973,635 shares of the company’s stock valued at $95,761,000 after purchasing an additional 292,177 shares in the last quarter.

iShares Core Dividend ETF Trading Down 0.3%

DIVB stock opened at $51.30 on Wednesday. The firm has a market cap of $943.94 million, a PE ratio of 17.52 and a beta of 0.94. iShares Core Dividend ETF has a 1 year low of $41.80 and a 1 year high of $51.76. The company has a fifty day simple moving average of $51.92 and a 200 day simple moving average of $50.71.

iShares Core Dividend ETF 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.