Independent Wealth Network Inc. Grows Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Independent Wealth Network Inc. increased its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 13.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,208 shares of the exchange traded fund’s stock after buying an additional 492 shares during the quarter. Independent Wealth Network Inc.’s holdings in iShares Core High Dividend ETF were worth $472,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Centaurus Financial Inc. boosted its holdings in iShares Core High Dividend ETF by 8.4% in the 2nd quarter. Centaurus Financial Inc. now owns 1,160 shares of the exchange traded fund’s stock valued at $126,000 after purchasing an additional 90 shares in the last quarter. Straight Path Wealth Management lifted its position in shares of iShares Core High Dividend ETF by 1.1% during the 3rd quarter. Straight Path Wealth Management now owns 9,317 shares of the exchange traded fund’s stock valued at $1,096,000 after acquiring an additional 97 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of iShares Core High Dividend ETF by 28.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 435 shares of the exchange traded fund’s stock valued at $49,000 after acquiring an additional 97 shares during the period. Westside Investment Management Inc. lifted its position in shares of iShares Core High Dividend ETF by 57.1% during the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 108 shares during the period. Finally, McClarren Financial Advisors Inc. lifted its position in shares of iShares Core High Dividend ETF by 53.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 116 shares during the period.

iShares Core High Dividend ETF Trading Down 1.1 %

HDV stock opened at $114.03 on Thursday. The firm has a 50 day moving average of $115.50 and a 200-day moving average of $115.89. iShares Core High Dividend ETF has a 12-month low of $102.31 and a 12-month high of $121.70. The company has a market cap of $10.77 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

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.