HB Wealth Management LLC Has $17.59 Million Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

HB Wealth Management LLC increased its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 156,704 shares of the exchange traded fund’s stock after buying an additional 5,044 shares during the quarter. HB Wealth Management LLC’s holdings in iShares Core High Dividend ETF were worth $17,592,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Providence Capital Advisors LLC acquired a new position in iShares Core High Dividend ETF in the 3rd quarter valued at $32,000. Westside Investment Management Inc. grew its stake in iShares Core High Dividend ETF by 57.1% in the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 108 shares during the last quarter. McClarren Financial Advisors Inc. grew its stake in iShares Core High Dividend ETF by 53.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 116 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares Core High Dividend ETF by 28.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 435 shares of the exchange traded fund’s stock valued at $49,000 after buying an additional 97 shares during the last quarter. Finally, Tompkins Financial Corp acquired a new position in iShares Core High Dividend ETF in the 3rd quarter valued at $53,000.

iShares Core High Dividend ETF Price Performance

NYSEARCA:HDV traded up $0.55 during midday trading on Friday, reaching $114.90. The stock had a trading volume of 447,982 shares, compared to its average volume of 535,751. iShares Core High Dividend ETF has a 1-year low of $101.06 and a 1-year high of $121.70. The firm’s fifty day simple moving average is $115.71 and its 200-day simple moving average is $115.70. The stock has a market capitalization of $10.85 billion, a P/E ratio of 13.82 and a beta of 0.55.

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.