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%.