Wedbush Securities Inc. Raises Stake in iShares Core High Dividend ETF $HDV

Wedbush Securities Inc. lifted its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 282.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,749 shares of the exchange traded fund’s stock after purchasing an additional 19,758 shares during the period. Wedbush Securities Inc.’s holdings in iShares Core High Dividend ETF were worth $733,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in iShares Core High Dividend ETF by 3.6% in the 2nd quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock valued at $527,484,000 after buying an additional 155,098 shares during the period. Morgan Stanley raised its stake in shares of iShares Core High Dividend ETF by 1.8% during the fourth quarter. Morgan Stanley now owns 3,380,192 shares of the exchange traded fund’s stock valued at $411,065,000 after acquiring an additional 59,258 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares Core High Dividend ETF by 4.0% during the fourth quarter. LPL Financial LLC now owns 2,931,967 shares of the exchange traded fund’s stock valued at $356,557,000 after acquiring an additional 111,853 shares in the last quarter. Auto Owners Insurance Co boosted its holdings in shares of iShares Core High Dividend ETF by 12,061.0% in the fourth quarter. Auto Owners Insurance Co now owns 2,894,318 shares of the exchange traded fund’s stock valued at $35,198,000 after purchasing an additional 2,870,518 shares during the period. Finally, Wells Fargo & Company MN grew its stake in iShares Core High Dividend ETF by 12.7% in the fourth quarter. Wells Fargo & Company MN now owns 1,546,611 shares of the exchange traded fund’s stock worth $188,083,000 after purchasing an additional 174,193 shares in the last quarter.

iShares Core High Dividend ETF Stock Up 0.4%

HDV opened at $29.61 on Wednesday. The stock’s fifty day moving average is $28.62 and its two-hundred day moving average is $27.71. The company has a market capitalization of $15.29 billion, a P/E ratio of 18.55 and a beta of 0.52. iShares Core High Dividend ETF has a 52 week low of $23.51 and a 52 week high of $30.13.

iShares Core High Dividend ETF Company 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.