Maltin Wealth Management Inc. Has $5.96 Million Stock Holdings in iShares Core High Dividend ETF $HDV

Maltin Wealth Management Inc. boosted its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 11.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 50,875 shares of the exchange traded fund’s stock after buying an additional 5,238 shares during the quarter. iShares Core High Dividend ETF makes up about 2.7% of Maltin Wealth Management Inc.’s investment portfolio, making the stock its 8th largest position. Maltin Wealth Management Inc.’s holdings in iShares Core High Dividend ETF were worth $5,961,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at approximately $342,000. Concurrent Investment Advisors LLC grew its holdings in iShares Core High Dividend ETF by 6.3% in the 1st quarter. Concurrent Investment Advisors LLC now owns 5,461 shares of the exchange traded fund’s stock worth $661,000 after buying an additional 326 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares Core High Dividend ETF by 7.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 749,401 shares of the exchange traded fund’s stock valued at $90,767,000 after acquiring an additional 51,524 shares during the period. Crossmark Global Holdings Inc. bought a new stake in iShares Core High Dividend ETF during the 1st quarter valued at $458,000. Finally, Brown Advisory Inc. boosted its position in iShares Core High Dividend ETF by 15.3% during the 1st quarter. Brown Advisory Inc. now owns 9,162 shares of the exchange traded fund’s stock worth $1,110,000 after acquiring an additional 1,213 shares during the period.

iShares Core High Dividend ETF Stock Performance

Shares of HDV opened at $118.41 on Friday. iShares Core High Dividend ETF has a one year low of $106.00 and a one year high of $124.03. The stock’s fifty day moving average is $121.54 and its 200-day moving average is $119.04. The firm has a market capitalization of $11.19 billion, a price-to-earnings 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.