iShares Core High Dividend ETF (NYSEARCA:HDV – Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $28.33 and last traded at $28.33, with a volume of 3523140 shares trading hands. The stock had previously closed at $27.65.
iShares Core High Dividend ETF Stock Performance
The firm has a market cap of $14.24 billion, a PE ratio of 18.55 and a beta of 0.53. The stock has a fifty day moving average price of $27.49 and a 200-day moving average price of $26.89.
Institutional Investors Weigh In On iShares Core High Dividend ETF
Several institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE boosted its stake in shares of iShares Core High Dividend ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock valued at $527,484,000 after purchasing an additional 155,098 shares during the period. Morgan Stanley increased its stake in iShares Core High Dividend ETF by 1.8% during the fourth quarter. Morgan Stanley now owns 3,380,192 shares of the exchange traded fund’s stock valued at $411,065,000 after purchasing an additional 59,258 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares Core High Dividend ETF by 4.0% during the 4th quarter. LPL Financial LLC now owns 2,931,967 shares of the exchange traded fund’s stock valued at $356,557,000 after buying an additional 111,853 shares during the last quarter. Auto Owners Insurance Co grew its holdings in shares of iShares Core High Dividend ETF by 12,061.0% during the fourth quarter. Auto Owners Insurance Co now owns 2,894,318 shares of the exchange traded fund’s stock valued at $35,198,000 after purchasing an additional 2,870,518 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in iShares Core High Dividend ETF by 12.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,546,611 shares of the exchange traded fund’s stock worth $188,083,000 after buying an additional 174,193 shares during the last quarter.
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.
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