Redhawk Wealth Advisors Inc. Makes New Investment in iShares Core High Dividend ETF $HDV

Redhawk Wealth Advisors Inc. bought a new stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 58,857 shares of the exchange traded fund’s stock, valued at approximately $7,158,000.

Several other hedge funds have also made changes to their positions in HDV. Spire Wealth Management raised its holdings in shares of iShares Core High Dividend ETF by 19.6% in the fourth quarter. Spire Wealth Management now owns 5,338 shares of the exchange traded fund’s stock valued at $649,000 after acquiring an additional 875 shares in the last quarter. Romano Brothers AND Company lifted its stake in iShares Core High Dividend ETF by 4.5% in the fourth quarter. Romano Brothers AND Company now owns 8,140 shares of the exchange traded fund’s stock worth $990,000 after acquiring an additional 350 shares during the period. Capital Investment Advisors LLC grew its holdings in iShares Core High Dividend ETF by 5.1% during the 4th quarter. Capital Investment Advisors LLC now owns 3,700 shares of the exchange traded fund’s stock worth $450,000 after acquiring an additional 178 shares in the last quarter. LongView Wealth Management grew its holdings in iShares Core High Dividend ETF by 2.4% during the 4th quarter. LongView Wealth Management now owns 6,931 shares of the exchange traded fund’s stock worth $859,000 after acquiring an additional 160 shares in the last quarter. Finally, Mayflower Financial Advisors LLC increased its position in iShares Core High Dividend ETF by 3.3% during the 4th quarter. Mayflower Financial Advisors LLC now owns 26,061 shares of the exchange traded fund’s stock valued at $3,169,000 after purchasing an additional 844 shares during the period.

iShares Core High Dividend ETF Stock Performance

NYSEARCA:HDV opened at $134.84 on Friday. The firm has a 50-day simple moving average of $134.99 and a 200-day simple moving average of $126.52. iShares Core High Dividend ETF has a one year low of $106.00 and a one year high of $140.89. The firm has a market cap of $13.09 billion, a P/E ratio of 18.55 and a beta of 0.64.

About iShares Core High Dividend ETF

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.