Straight Path Wealth Management lifted its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV – Free Report) by 577.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 62,143 shares of the exchange traded fund’s stock after purchasing an additional 52,973 shares during the period. Straight Path Wealth Management’s holdings in iShares Core High Dividend ETF were worth $1,703,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Rakuten Securities Inc. boosted its holdings in iShares Core High Dividend ETF by 101.9% during the 2nd quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 109 shares during the period. Merkkuri Wealth Advisors LLC purchased a new stake in iShares Core High Dividend ETF in the first quarter worth $26,000. Financial Management Professionals Inc. increased its stake in iShares Core High Dividend ETF by 400.0% in the second quarter. Financial Management Professionals Inc. now owns 1,250 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 1,000 shares during the period. Caitlin John LLC lifted its position in shares of iShares Core High Dividend ETF by 400.0% during the second quarter. Caitlin John LLC now owns 1,725 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 1,380 shares during the last quarter. Finally, Roxbury Financial LLC lifted its position in shares of iShares Core High Dividend ETF by 402.0% during the second quarter. Roxbury Financial LLC now owns 1,797 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 1,439 shares during the last quarter.
iShares Core High Dividend ETF Stock Performance
Shares of HDV opened at $29.40 on Monday. The firm has a market capitalization of $15.18 billion, a P/E 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 firm has a fifty day moving average price of $28.75 and a 200-day moving average price of $27.75.
iShares Core High Dividend ETF Increases Dividend
iShares Core High Dividend ETF 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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Want to see what other hedge funds are holding HDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core High Dividend ETF (NYSEARCA:HDV – Free Report).
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