iShares Core High Dividend ETF (NYSEARCA:HDV) Position Increased by Financial Perspectives Inc

Financial Perspectives Inc lifted its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.0% during the fourth quarter, Holdings Channel reports. The fund owned 66,394 shares of the exchange traded fund’s stock after purchasing an additional 1,944 shares during the quarter. iShares Core High Dividend ETF accounts for 2.7% of Financial Perspectives Inc’s investment portfolio, making the stock its 10th largest holding. Financial Perspectives Inc’s holdings in iShares Core High Dividend ETF were worth $6,771,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Meiji Yasuda Life Insurance Co grew its stake in iShares Core High Dividend ETF by 105.3% in the third quarter. Meiji Yasuda Life Insurance Co now owns 2,512,228 shares of the exchange traded fund’s stock worth $248,434,000 after purchasing an additional 1,288,572 shares in the last quarter. Federated Hermes Inc. grew its stake in iShares Core High Dividend ETF by 449.7% in the fourth quarter. Federated Hermes Inc. now owns 515,674 shares of the exchange traded fund’s stock worth $52,594,000 after purchasing an additional 421,865 shares in the last quarter. International Assets Investment Management LLC grew its stake in iShares Core High Dividend ETF by 9,226.2% in the fourth quarter. International Assets Investment Management LLC now owns 294,801 shares of the exchange traded fund’s stock worth $30,067,000 after purchasing an additional 291,640 shares in the last quarter. Prudential PLC acquired a new position in iShares Core High Dividend ETF in the third quarter worth about $28,163,000. Finally, Comerica Bank acquired a new position in iShares Core High Dividend ETF in the third quarter worth about $25,504,000.

iShares Core High Dividend ETF Price Performance

NYSEARCA:HDV traded up $0.61 during mid-day trading on Tuesday, reaching $109.25. The stock had a trading volume of 248,410 shares, compared to its average volume of 580,745. The stock’s 50 day simple moving average is $107.19 and its two-hundred day simple moving average is $102.68. iShares Core High Dividend ETF has a 1-year low of $93.46 and a 1-year high of $110.33. The company has a market capitalization of $10.40 billion, a price-to-earnings ratio of 13.70 and a beta of 0.55.

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.