Compass Financial Management LLC Invests $603,000 in iShares Core High Dividend ETF $HDV

Compass Financial Management LLC bought a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 21,981 shares of the exchange traded fund’s stock, valued at approximately $603,000.

Other hedge funds also recently modified their holdings of the company. Trust Co. of Vermont bought a new stake in iShares Core High Dividend ETF during the second quarter worth about $442,000. Beacon Bank & Trust increased its holdings in iShares Core High Dividend ETF by 373.8% in the 2nd quarter. Beacon Bank & Trust now owns 52,660 shares of the exchange traded fund’s stock valued at $1,443,000 after buying an additional 41,545 shares during the period. First Community Trust NA increased its holdings in iShares Core High Dividend ETF by 400.0% in the 2nd quarter. First Community Trust NA now owns 2,175 shares of the exchange traded fund’s stock valued at $60,000 after buying an additional 1,740 shares during the period. Accel Wealth Management raised its position in shares of iShares Core High Dividend ETF by 395.1% in the 2nd quarter. Accel Wealth Management now owns 8,966 shares of the exchange traded fund’s stock valued at $246,000 after buying an additional 7,155 shares in the last quarter. Finally, Adirondack Capital Advisors LLC raised its position in shares of iShares Core High Dividend ETF by 418.0% in the 2nd quarter. Adirondack Capital Advisors LLC now owns 570,043 shares of the exchange traded fund’s stock valued at $15,625,000 after buying an additional 459,992 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of iShares Core High Dividend ETF stock opened at $29.81 on Monday. The company has a 50 day moving average of $28.28 and a 200-day moving average of $27.60. iShares Core High Dividend ETF has a 1-year low of $23.51 and a 1-year high of $30.13. The company has a market cap of $15.39 billion, a PE ratio of 18.55 and a beta of 0.52.

iShares Core High Dividend ETF Profile

The iShares Core High Dividend ETF (HDV) is an exchange-traded fund that is based on the Morningstar Dividend Yield Focus index. The fund tracks a dividend-weighted index of 75 high-yielding US equities, screened for high earnings potential and dividend sustainability. HDV was launched on Mar 29, 2011 and is managed by BlackRock.