Chung Wu Investment Group LLC Makes New $47,000 Investment in iShares Core High Dividend ETF $HDV

Chung Wu Investment Group LLC bought a new position in iShares Core High Dividend ETF (NYSEARCA:HDV) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 400 shares of the exchange traded fund’s stock, valued at approximately $47,000.

Several other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC grew its stake in shares of iShares Core High Dividend ETF by 4.3% during the 1st quarter. LPL Financial LLC now owns 2,481,595 shares of the exchange traded fund’s stock valued at $300,571,000 after buying an additional 102,040 shares during the period. OVERSEA CHINESE BANKING Corp Ltd grew its stake in shares of iShares Core High Dividend ETF by 10,865.4% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,671,456 shares of the exchange traded fund’s stock valued at $202,447,000 after buying an additional 1,656,213 shares during the period. Raymond James Financial Inc. grew its stake in shares of iShares Core High Dividend ETF by 5.4% during the 1st quarter. Raymond James Financial Inc. now owns 981,453 shares of the exchange traded fund’s stock valued at $118,874,000 after buying an additional 49,891 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of iShares Core High Dividend ETF by 5.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 791,445 shares of the exchange traded fund’s stock valued at $95,860,000 after buying an additional 38,887 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in shares of iShares Core High Dividend ETF by 3.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 778,605 shares of the exchange traded fund’s stock valued at $91,229,000 after buying an additional 25,519 shares during the period.

iShares Core High Dividend ETF Stock Down 0.5%

Shares of NYSEARCA HDV opened at $121.78 on Tuesday. iShares Core High Dividend ETF has a 52-week low of $106.00 and a 52-week high of $124.03. The firm has a fifty day moving average of $121.54 and a 200-day moving average of $118.11. The stock has a market capitalization of $11.60 billion, a PE ratio of 18.55 and a beta of 0.81.

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.