iShares Core High Dividend ETF (NYSEARCA:HDV) is Townsend & Associates Inc’s 4th Largest Position

Townsend & Associates Inc grew its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 1.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 354,734 shares of the exchange traded fund’s stock after acquiring an additional 6,392 shares during the period. iShares Core High Dividend ETF comprises about 4.5% of Townsend & Associates Inc’s holdings, making the stock its 4th largest holding. Townsend & Associates Inc owned about 0.34% of iShares Core High Dividend ETF worth $36,321,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in iShares Core High Dividend ETF by 17.5% during the third quarter. Bank of New York Mellon Corp now owns 23,316 shares of the exchange traded fund’s stock worth $2,306,000 after acquiring an additional 3,465 shares in the last quarter. Brown Advisory Inc. boosted its position in shares of iShares Core High Dividend ETF by 3.6% in the 3rd quarter. Brown Advisory Inc. now owns 9,272 shares of the exchange traded fund’s stock worth $917,000 after purchasing an additional 318 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in shares of iShares Core High Dividend ETF in the 3rd quarter worth approximately $781,000. Beam Wealth Advisors Inc. increased its position in iShares Core High Dividend ETF by 40.7% during the 3rd quarter. Beam Wealth Advisors Inc. now owns 126,792 shares of the exchange traded fund’s stock valued at $12,538,000 after buying an additional 36,682 shares in the last quarter. Finally, TIAA Trust National Association purchased a new position in iShares Core High Dividend ETF during the third quarter valued at $405,000.

iShares Core High Dividend ETF Stock Up 0.5 %

iShares Core High Dividend ETF stock traded up $0.55 during trading hours on Thursday, hitting $109.87. The stock had a trading volume of 171,433 shares, compared to its average volume of 534,943. The stock’s 50-day moving average price is $108.12 and its 200-day moving average price is $103.58. iShares Core High Dividend ETF has a 12-month low of $93.46 and a 12-month high of $110.33. The stock has a market capitalization of $10.38 billion, a P/E ratio of 13.82 and a beta of 0.55.

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.