iShares Core High Dividend ETF (NYSEARCA:HDV) Short Interest Update

iShares Core High Dividend ETF (NYSEARCA:HDV) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 426,441 shares, a decrease of 29.6% from the January 29th total of 605,840 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 823,889 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 823,889 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its position in shares of iShares Core High Dividend ETF by 199.7% in the fourth quarter. BNP Paribas Financial Markets now owns 600,634 shares of the exchange traded fund’s stock valued at $73,043,000 after acquiring an additional 400,223 shares during the period. Engineers Gate Manager LP purchased a new stake in iShares Core High Dividend ETF in the 4th quarter worth approximately $28,094,000. Wells Fargo & Company MN lifted its stake in iShares Core High Dividend ETF by 12.7% in the 4th quarter. Wells Fargo & Company MN now owns 1,546,611 shares of the exchange traded fund’s stock worth $188,083,000 after purchasing an additional 174,193 shares in the last quarter. Bank of America Corp DE boosted its holdings in iShares Core High Dividend ETF by 3.6% in the 2nd quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock valued at $527,484,000 after purchasing an additional 155,098 shares during the period. Finally, Millennium Management LLC purchased a new position in shares of iShares Core High Dividend ETF during the 4th quarter valued at $17,243,000.

iShares Core High Dividend ETF Trading Up 1.2%

Shares of NYSEARCA HDV traded up $1.71 during mid-day trading on Friday, hitting $140.13. The company had a trading volume of 572,373 shares, compared to its average volume of 723,676. The company has a market capitalization of $13.60 billion, a price-to-earnings ratio of 18.55 and a beta of 0.64. iShares Core High Dividend ETF has a 1 year low of $106.00 and a 1 year high of $140.28. The stock’s 50-day moving average price is $130.07 and its 200-day moving average price is $124.69.

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.