Concurrent Investment Advisors LLC Purchases 5,182 Shares of iShares Core High Dividend ETF $HDV

Concurrent Investment Advisors LLC boosted its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 94.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 10,643 shares of the exchange traded fund’s stock after acquiring an additional 5,182 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $1,247,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Patten & Patten Inc. TN increased its position in iShares Core High Dividend ETF by 3.6% in the 1st quarter. Patten & Patten Inc. TN now owns 7,510 shares of the exchange traded fund’s stock valued at $910,000 after buying an additional 260 shares in the last quarter. Vision Capital Management Inc. bought a new stake in iShares Core High Dividend ETF in the 2nd quarter valued at about $210,000. Novem Group increased its position in iShares Core High Dividend ETF by 5.3% in the 2nd quarter. Novem Group now owns 2,097 shares of the exchange traded fund’s stock valued at $246,000 after buying an additional 106 shares in the last quarter. Evergreen Wealth Solutions LLC increased its position in iShares Core High Dividend ETF by 13.6% in the 1st quarter. Evergreen Wealth Solutions LLC now owns 2,372 shares of the exchange traded fund’s stock valued at $287,000 after buying an additional 284 shares in the last quarter. Finally, AdvisorNet Financial Inc increased its position in iShares Core High Dividend ETF by 12.2% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,808 shares of the exchange traded fund’s stock valued at $212,000 after buying an additional 197 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

Shares of iShares Core High Dividend ETF stock opened at $121.44 on Thursday. iShares Core High Dividend ETF has a one year low of $106.00 and a one year high of $124.03. The firm has a market capitalization of $11.59 billion, a price-to-earnings ratio of 18.55 and a beta of 0.81. The business has a 50-day simple moving average of $121.88 and a 200 day simple moving average of $118.23.

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.