Invested Advisors Purchases 48,728 Shares of iShares Core High Dividend ETF $HDV

Invested Advisors raised its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 398.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 60,948 shares of the exchange traded fund’s stock after purchasing an additional 48,728 shares during the quarter. iShares Core High Dividend ETF accounts for about 1.5% of Invested Advisors’ holdings, making the stock its 16th biggest position. Invested Advisors’ holdings in iShares Core High Dividend ETF were worth $1,671,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Kestra Private Wealth Services LLC boosted its position 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 worth $1,819,000 after purchasing an additional 80 shares during the period. Plan A Wealth LLC raised its position in shares of iShares Core High Dividend ETF by 4.7% in the fourth quarter. Plan A Wealth LLC now owns 1,893 shares of the exchange traded fund’s stock valued at $230,000 after purchasing an additional 85 shares during the period. Straight Path Wealth Management lifted its stake in shares of iShares Core High Dividend ETF by 1.0% during the 4th quarter. Straight Path Wealth Management now owns 9,112 shares of the exchange traded fund’s stock worth $1,108,000 after buying an additional 93 shares during the last quarter. Rakuten Securities Inc. lifted its stake in shares of iShares Core High Dividend ETF by 101.9% during the 2nd quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 109 shares during the last quarter. Finally, Wellspring Financial Advisors LLC boosted its holdings in shares of iShares Core High Dividend ETF by 1.0% during the 4th quarter. Wellspring Financial Advisors LLC now owns 12,117 shares of the exchange traded fund’s stock worth $1,474,000 after buying an additional 121 shares during the period.

iShares Core High Dividend ETF Stock Performance

Shares of HDV opened at $29.40 on Friday. iShares Core High Dividend ETF has a 52 week low of $23.51 and a 52 week high of $30.13. The firm has a market cap of $15.18 billion, a P/E ratio of 18.55 and a beta of 0.53. The firm’s 50-day simple moving average is $28.75 and its 200 day simple moving average is $27.75.

iShares Core High Dividend ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 24th. Stockholders of record on Wednesday, August 19th were issued a dividend of $0.1046 per share. This is a boost from iShares Core High Dividend ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Wednesday, August 19th.

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.