Park Avenue Securities LLC Buys New Shares in iShares Core High Dividend ETF $HDV

Park Avenue Securities LLC purchased a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 8,262 shares of the exchange traded fund’s stock, valued at approximately $1,012,000.

Other hedge funds also recently made changes to their positions in the company. Rakuten Securities Inc. boosted its holdings in iShares Core High Dividend ETF by 101.9% in the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 109 shares during the last quarter. MB Levis & Associates LLC purchased a new position in shares of iShares Core High Dividend ETF in the 2nd quarter worth about $26,000. Chung Wu Investment Group LLC acquired a new position in shares of iShares Core High Dividend ETF in the 2nd quarter valued at about $47,000. Harbor Asset Planning Inc. acquired a new position in shares of iShares Core High Dividend ETF in the 2nd quarter valued at about $51,000. Finally, Heartwood Wealth Advisors LLC purchased a new stake in shares of iShares Core High Dividend ETF during the 3rd quarter worth about $54,000.

iShares Core High Dividend ETF Stock Up 1.0%

Shares of HDV stock opened at $125.16 on Wednesday. iShares Core High Dividend ETF has a fifty-two week low of $106.00 and a fifty-two week high of $125.21. The firm’s 50 day moving average price is $122.01 and its two-hundred day moving average price is $121.30. The stock has a market cap of $12.12 billion, a price-to-earnings ratio of 18.55 and a beta of 0.64.

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.