Tandem Capital Management Corp ADV Buys 1,270 Shares of iShares Core Dividend ETF (BATS:DIVB)

Tandem Capital Management Corp ADV increased its stake in iShares Core Dividend ETF (BATS:DIVB) by 12.7% during the third quarter, Holdings Channel reports. The firm owned 11,250 shares of the company’s stock after acquiring an additional 1,270 shares during the period. Tandem Capital Management Corp ADV’s holdings in iShares Core Dividend ETF were worth $501,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Foguth Wealth Management LLC. acquired a new position in shares of iShares Core Dividend ETF in the 1st quarter valued at approximately $1,769,000. Breakwater Capital Group raised its position in iShares Core Dividend ETF by 0.7% during the first quarter. Breakwater Capital Group now owns 39,935 shares of the company’s stock valued at $1,777,000 after purchasing an additional 258 shares in the last quarter. Tempus Wealth Planning LLC bought a new stake in iShares Core Dividend ETF during the first quarter worth $913,000. Commonwealth Equity Services LLC boosted its holdings in shares of iShares Core Dividend ETF by 98.5% in the 1st quarter. Commonwealth Equity Services LLC now owns 28,435 shares of the company’s stock valued at $1,265,000 after purchasing an additional 14,111 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of iShares Core Dividend ETF by 3.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 7,630 shares of the company’s stock valued at $340,000 after purchasing an additional 254 shares during the last quarter.

iShares Core Dividend ETF Price Performance

Shares of DIVB stock traded down $0.13 on Friday, hitting $48.95. 120,821 shares of the company’s stock were exchanged. The company has a 50 day moving average of $48.02 and a 200 day moving average of $45.56. The stock has a market cap of $386.71 million, a P/E ratio of 16.30 and a beta of 0.78. iShares Core Dividend ETF has a 12 month low of $20.77 and a 12 month high of $32.90.

About iShares Core Dividend ETF

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.