iShares Core High Dividend ETF (NYSEARCA:HDV) Sets New 12-Month High – What’s Next?

iShares Core High Dividend ETF (NYSEARCA:HDVGet Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $29.64 and last traded at $29.61, with a volume of 570345 shares changing hands. The stock had previously closed at $29.21.

iShares Core High Dividend ETF Stock Up 1.3%

The stock has a market cap of $15.28 billion, a P/E ratio of 18.55 and a beta of 0.52. The business’s 50-day simple moving average is $28.12 and its two-hundred day simple moving average is $27.50.

Institutional Trading of iShares Core High Dividend ETF

A number of institutional investors have recently modified their holdings of the business. Rakuten Securities Inc. grew its position in shares of iShares Core High Dividend ETF by 101.9% in the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 109 shares in the last quarter. Merkkuri Wealth Advisors LLC bought a new stake in iShares Core High Dividend ETF during the first quarter valued at $26,000. Laurel Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF during the 4th quarter valued at about $28,000. Financial Management Professionals Inc. grew its stake in iShares Core High Dividend ETF by 400.0% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,250 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 1,000 shares in the last quarter. Finally, EQ Wealth Advisors LLC purchased a new position in iShares Core High Dividend ETF in the fourth quarter worth $40,000.

About iShares Core High Dividend ETF

(Get Free Report)

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.

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