Charles Schwab Trust Co bought a new position in iShares Core High Dividend ETF (NYSEARCA:HDV – Free Report) during the third quarter, Holdings Channel.com reports. The fund bought 19,790 shares of the exchange traded fund’s stock, valued at approximately $553,000.
A number of other institutional investors have also modified their holdings of HDV. Envestnet Asset Management Inc. increased its holdings in iShares Core High Dividend ETF by 415.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,135,794 shares of the exchange traded fund’s stock worth $168,182,000 after purchasing an additional 4,945,223 shares during the period. Auto Owners Insurance Co lifted its holdings in shares of iShares Core High Dividend ETF by 12,061.0% in the 4th quarter. Auto Owners Insurance Co now owns 2,894,318 shares of the exchange traded fund’s stock worth $35,198,000 after buying an additional 2,870,518 shares during the period. Allianz Asset Management GmbH lifted its holdings in shares of iShares Core High Dividend ETF by 201.2% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,377,900 shares of the exchange traded fund’s stock worth $37,768,000 after buying an additional 920,500 shares during the period. Royal Bank of Canada lifted its holdings in shares of iShares Core High Dividend ETF by 2.4% in the 1st quarter. Royal Bank of Canada now owns 1,282,003 shares of the exchange traded fund’s stock worth $173,992,000 after buying an additional 30,442 shares during the period. Finally, IFP Advisors Inc grew its position in shares of iShares Core High Dividend ETF by 867.0% during the 2nd quarter. IFP Advisors Inc now owns 1,219,092 shares of the exchange traded fund’s stock worth $33,415,000 after buying an additional 1,093,020 shares in the last quarter.
iShares Core High Dividend ETF Trading Up 0.5%
Shares of HDV traded up $0.15 during midday trading on Thursday, reaching $29.70. 2,706,604 shares of the stock were exchanged, compared to its average volume of 3,857,438. iShares Core High Dividend ETF has a 52 week low of $23.51 and a 52 week high of $30.13. The company’s 50 day moving average is $29.02 and its two-hundred day moving average is $28.03. The company has a market capitalization of $15.42 billion, a P/E ratio of 18.55 and a beta of 0.53.
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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