1,903 Shares in iShares Core High Dividend ETF (NYSEARCA:HDV) Acquired by Beacon Financial Group

Beacon Financial Group acquired a new position in iShares Core High Dividend ETF (NYSEARCA:HDV) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,903 shares of the exchange traded fund’s stock, valued at approximately $230,000.

Several other hedge funds also recently added to or reduced their stakes in HDV. Blue Trust Inc. purchased a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth $25,000. Providence First Trust Co purchased a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth $30,000. Roxbury Financial LLC purchased a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth $42,000. Vermillion Wealth Management Inc. purchased a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth $45,000. Finally, YANKCOM Partnership purchased a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth $45,000.

iShares Core High Dividend ETF Stock Up 0.8%

HDV opened at $116.65 on Friday. iShares Core High Dividend ETF has a 52 week low of $106.01 and a 52 week high of $122.50. The business has a fifty day simple moving average of $114.37 and a 200-day simple moving average of $115.87. The firm has a market cap of $11.04 billion, a P/E ratio of 19.94 and a beta of 0.66.

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.