iShares Core High Dividend ETF (NYSEARCA:HDV – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,360,922 shares, a growth of 76.5% from the August 15th total of 771,168 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 4,258,603 shares, the short-interest ratio is presently 0.3 days.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC boosted its holdings in shares of iShares Core High Dividend ETF by 0.6% during the 1st quarter. Kestra Private Wealth Services LLC now owns 13,404 shares of the exchange traded fund’s stock worth $1,819,000 after buying an additional 80 shares during the period. Plan A Wealth LLC boosted its holdings in shares of iShares Core High Dividend ETF by 4.7% during the fourth quarter. Plan A Wealth LLC now owns 1,893 shares of the exchange traded fund’s stock worth $230,000 after acquiring an additional 85 shares during the period. Straight Path Wealth Management grew its position in shares of iShares Core High Dividend ETF by 1.0% in the fourth quarter. Straight Path Wealth Management now owns 9,112 shares of the exchange traded fund’s stock valued at $1,108,000 after purchasing an additional 93 shares during the last quarter. Wellspring Financial Advisors LLC increased its stake in shares of iShares Core High Dividend ETF by 1.0% during the fourth quarter. Wellspring Financial Advisors LLC now owns 12,117 shares of the exchange traded fund’s stock worth $1,474,000 after purchasing an additional 121 shares during the period. Finally, Patten Group Inc. increased its stake in shares of iShares Core High Dividend ETF by 1.5% during the first quarter. Patten Group Inc. now owns 9,160 shares of the exchange traded fund’s stock worth $1,243,000 after purchasing an additional 136 shares during the period.
iShares Core High Dividend ETF Trading Down 1.4%
Shares of NYSEARCA:HDV traded down $0.40 during trading on Wednesday, reaching $28.89. 2,563,785 shares of the stock were exchanged, compared to its average volume of 3,901,877. The firm has a market cap of $15.03 billion, a PE ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a 12 month low of $23.51 and a 12 month high of $30.13. The stock has a 50-day moving average price of $28.95 and a 200-day moving average price of $27.83.
iShares Core High Dividend ETF Increases Dividend
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.
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