Archer Investment Corp Buys 290 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Archer Investment Corp boosted its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,951 shares of the exchange traded fund’s stock after buying an additional 290 shares during the quarter. Archer Investment Corp’s holdings in iShares Core High Dividend ETF were worth $913,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of HDV. Alpha Omega Wealth Management LLC lifted its position in shares of iShares Core High Dividend ETF by 2.1% during the fourth quarter. Alpha Omega Wealth Management LLC now owns 5,023 shares of the exchange traded fund’s stock valued at $512,000 after purchasing an additional 103 shares in the last quarter. Beam Wealth Advisors Inc. lifted its position in shares of iShares Core High Dividend ETF by 4.3% during the 4th quarter. Beam Wealth Advisors Inc. now owns 132,189 shares of the exchange traded fund’s stock worth $13,482,000 after buying an additional 5,397 shares in the last quarter. Phoenix Wealth Advisors boosted its stake in shares of iShares Core High Dividend ETF by 21.6% in the 4th quarter. Phoenix Wealth Advisors now owns 69,811 shares of the exchange traded fund’s stock worth $7,230,000 after buying an additional 12,415 shares during the last quarter. Latitude Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF in the 4th quarter worth approximately $302,000. Finally, Marino Stram & Associates LLC bought a new position in shares of iShares Core High Dividend ETF in the fourth quarter valued at approximately $226,000.

iShares Core High Dividend ETF Trading Up 0.3 %

Shares of HDV traded up $0.28 on Wednesday, reaching $106.13. 225,774 shares of the company’s stock traded hands, compared to its average volume of 594,731. The stock’s 50 day simple moving average is $106.89 and its two-hundred day simple moving average is $102.38. The stock has a market cap of $10.10 billion, a PE ratio of 13.70 and a beta of 0.55. iShares Core High Dividend ETF has a 52-week low of $93.46 and a 52-week high of $110.33.

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.