Northwestern Mutual Wealth Management Co. Acquires 41,449 Shares of iShares Core High Dividend ETF $HDV

Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 17.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 278,348 shares of the exchange traded fund’s stock after buying an additional 41,449 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.29% of iShares Core High Dividend ETF worth $33,850,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE lifted its position in shares of iShares Core High Dividend ETF by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock worth $527,484,000 after buying an additional 155,098 shares during the last quarter. UBS Group AG lifted its position in shares of iShares Core High Dividend ETF by 4.5% during the 4th quarter. UBS Group AG now owns 1,461,075 shares of the exchange traded fund’s stock worth $177,681,000 after buying an additional 62,850 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Core High Dividend ETF by 6.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,278,250 shares of the exchange traded fund’s stock worth $156,522,000 after buying an additional 74,589 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of iShares Core High Dividend ETF by 13.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 741,637 shares of the exchange traded fund’s stock worth $90,674,000 after buying an additional 88,017 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares Core High Dividend ETF by 11.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 707,868 shares of the exchange traded fund’s stock worth $86,621,000 after buying an additional 70,191 shares during the last quarter.

iShares Core High Dividend ETF Stock Down 1.0%

Shares of HDV stock opened at $27.20 on Friday. iShares Core High Dividend ETF has a twelve month low of $22.95 and a twelve month high of $28.18. The company has a market cap of $13.47 billion, a P/E ratio of 18.55 and a beta of 0.54. The business has a fifty day simple moving average of $27.04 and a 200 day simple moving average of $26.15.

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.