iShares Core High Dividend ETF (NYSEARCA:HDV) Shares Acquired by Wellspring Financial Advisors LLC

Wellspring Financial Advisors LLC boosted its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 1.0% during the fourth quarter, HoldingsChannel reports. The fund owned 11,488 shares of the exchange traded fund’s stock after buying an additional 115 shares during the period. Wellspring Financial Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $1,290,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new position in shares of iShares Core High Dividend ETF in the 4th quarter valued at $25,000. Providence First Trust Co acquired a new position in iShares Core High Dividend ETF in the fourth quarter valued at about $30,000. Westside Investment Management Inc. boosted its stake in iShares Core High Dividend ETF by 57.1% during the third quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 108 shares during the period. Roxbury Financial LLC acquired a new stake in shares of iShares Core High Dividend ETF during the fourth quarter valued at about $42,000. Finally, YANKCOM Partnership purchased a new stake in shares of iShares Core High Dividend ETF in the 4th quarter valued at approximately $45,000.

iShares Core High Dividend ETF Stock Performance

NYSEARCA:HDV opened at $111.27 on Monday. iShares Core High Dividend ETF has a fifty-two week low of $105.65 and a fifty-two week high of $122.50. The company has a 50 day moving average price of $118.03 and a 200 day moving average price of $117.12. The stock has a market capitalization of $10.46 billion, a P/E ratio of 19.62 and a beta of 0.71.

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.