Gallagher Capital Advisors LLC Invests $3.93 Million in iShares Core High Dividend ETF $HDV

Gallagher Capital Advisors LLC acquired a new position in iShares Core High Dividend ETF (NYSEARCA:HDV) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 28,988 shares of the exchange traded fund’s stock, valued at approximately $3,934,000. iShares Core High Dividend ETF makes up 2.4% of Gallagher Capital Advisors LLC’s portfolio, making the stock its 11th largest holding.

A number of other large investors have also modified their holdings of the stock. PFG Investments LLC grew its position in iShares Core High Dividend ETF by 0.7% in the fourth quarter. PFG Investments LLC now owns 11,718 shares of the exchange traded fund’s stock valued at $1,425,000 after acquiring an additional 80 shares in the last quarter. Kestra Private Wealth Services LLC raised its stake in iShares Core High Dividend ETF by 0.6% during the first quarter. Kestra Private Wealth Services LLC now owns 13,404 shares of the exchange traded fund’s stock valued at $1,819,000 after buying an additional 80 shares in the last quarter. Plan A Wealth LLC raised its position in shares of iShares Core High Dividend ETF by 4.7% during the 4th quarter. Plan A Wealth LLC now owns 1,893 shares of the exchange traded fund’s stock valued at $230,000 after acquiring an additional 85 shares in the last quarter. Straight Path Wealth Management raised its holdings in shares of iShares Core High Dividend ETF by 1.0% during the fourth quarter. Straight Path Wealth Management now owns 9,112 shares of the exchange traded fund’s stock worth $1,108,000 after purchasing an additional 93 shares during the period. Finally, Transcend Capital Advisors LLC raised its stake in iShares Core High Dividend ETF by 0.5% during the fourth quarter. Transcend Capital Advisors LLC now owns 18,160 shares of the exchange traded fund’s stock worth $2,208,000 after acquiring an additional 99 shares during the period.

iShares Core High Dividend ETF Trading Up 0.0%

Shares of NYSEARCA HDV opened at $27.65 on Thursday. iShares Core High Dividend ETF has a 12-month low of $23.51 and a 12-month high of $28.33. The stock’s 50 day simple moving average is $27.49 and its 200 day simple moving average is $26.89. The company has a market cap of $13.88 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53.

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.