Unusually Active Friday for DIVB ETF Unusually Active Friday for DIVB ETF

Written By Michael Gary Scott

Unprecedented Trading Activity

The iShares Core Dividend ETF, known as DIVB, experienced an exceptionally high volume of over 551,000 shares traded on a Friday afternoon, significantly surpassing its three-month average of around 45,000 shares. This surge in trading activity caused DIVB shares to decline by approximately 2% during the day.

Top Performers and Laggards

Notable components within the ETF that drew the highest volume on that Friday included Ford Motor, witnessing a decline of about 4.5% with an impressive 45.9 million shares changing hands throughout the session. Meanwhile, AT&T faced a 1.2% drop, with a trading volume exceeding 23.5 million shares.
On a more positive note, Clorox emerged as a strong performer, exhibiting a 4.2% increase for the day. In contrast, Chemours struggled among the ETF components, observing a substantial decline of around 15.5%.


See also  Gene Editing Company BlueAllele Files Patent Infringement Lawsuit Against Intellia Gene Editing Company BlueAllele Files Patent Infringement Lawsuit Against Intellia