Beacon Financial Group Grows Stake in iShares Core High Dividend ETF $HDV

Beacon Financial Group boosted its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 1,120.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,771 shares of the exchange traded fund’s stock after buying an additional 24,577 shares during the quarter. Beacon Financial Group’s holdings in iShares Core High Dividend ETF were worth $3,633,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kestra Advisory Services LLC boosted its holdings in iShares Core High Dividend ETF by 10.5% in the 1st quarter. Kestra Advisory Services LLC now owns 204,873 shares of the exchange traded fund’s stock worth $27,805,000 after buying an additional 19,389 shares during the last quarter. Money Concepts Capital Corp raised its holdings in shares of iShares Core High Dividend ETF by 10.8% during the first quarter. Money Concepts Capital Corp now owns 6,127 shares of the exchange traded fund’s stock valued at $832,000 after acquiring an additional 596 shares during the last quarter. Base Wealth Management LLC lifted its position in shares of iShares Core High Dividend ETF by 2.7% in the first quarter. Base Wealth Management LLC now owns 70,642 shares of the exchange traded fund’s stock valued at $9,587,000 after acquiring an additional 1,867 shares in the last quarter. Quantum Portfolio Management LLC lifted its position in shares of iShares Core High Dividend ETF by 98.3% in the first quarter. Quantum Portfolio Management LLC now owns 5,979 shares of the exchange traded fund’s stock valued at $811,000 after acquiring an additional 2,964 shares in the last quarter. Finally, Arbor Trust Wealth Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF in the first quarter valued at approximately $202,000.

iShares Core High Dividend ETF Price Performance

Shares of NYSEARCA:HDV opened at $27.58 on Friday. iShares Core High Dividend ETF has a 1 year low of $23.51 and a 1 year high of $28.33. The firm has a market capitalization of $13.76 billion, a PE ratio of 18.55 and a beta of 0.53. The business’s 50 day moving average price is $27.44 and its 200-day moving average price is $26.79.

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.