Tyche Wealth Partners LLC Acquires New Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Tyche Wealth Partners LLC acquired a new stake in iShares Core High Dividend ETF (NYSEARCA:HDV) in the 4th quarter, Holdings Channel.com reports. The firm acquired 1,811 shares of the exchange traded fund’s stock, valued at approximately $203,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC lifted its stake in shares of iShares Core High Dividend ETF by 13.7% in the third quarter. LPL Financial LLC now owns 2,236,027 shares of the exchange traded fund’s stock valued at $263,001,000 after purchasing an additional 268,992 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of iShares Core High Dividend ETF by 0.9% in the third quarter. Commonwealth Equity Services LLC now owns 795,914 shares of the exchange traded fund’s stock valued at $93,615,000 after purchasing an additional 7,222 shares during the period. M&T Bank Corp raised its position in iShares Core High Dividend ETF by 1.5% during the third quarter. M&T Bank Corp now owns 725,191 shares of the exchange traded fund’s stock worth $85,297,000 after acquiring an additional 10,768 shares during the last quarter. Janney Montgomery Scott LLC raised its position in iShares Core High Dividend ETF by 5.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 718,299 shares of the exchange traded fund’s stock worth $80,636,000 after acquiring an additional 37,697 shares during the last quarter. Finally, FMR LLC raised its position in iShares Core High Dividend ETF by 1.7% during the third quarter. FMR LLC now owns 550,464 shares of the exchange traded fund’s stock worth $64,746,000 after acquiring an additional 9,033 shares during the last quarter.

iShares Core High Dividend ETF Trading Down 0.1 %

Shares of HDV opened at $115.24 on Friday. The stock has a market cap of $10.88 billion, a P/E ratio of 13.82 and a beta of 0.55. The company has a 50-day moving average of $114.47 and a two-hundred day moving average of $116.20. iShares Core High Dividend ETF has a 12-month low of $102.31 and a 12-month high of $121.70.

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.