Royal Bank of Canada Boosts Holdings in iShares Core High Dividend ETF $HDV

Royal Bank of Canada boosted its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 2.4% in the first quarter, HoldingsChannel.com reports. The fund owned 1,282,003 shares of the exchange traded fund’s stock after buying an additional 30,442 shares during the quarter. Royal Bank of Canada’s holdings in iShares Core High Dividend ETF were worth $173,992,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Richwood Investment Advisors LLC increased its stake in shares of iShares Core High Dividend ETF by 390.6% during the 1st quarter. Richwood Investment Advisors LLC now owns 18,190 shares of the exchange traded fund’s stock worth $2,469,000 after purchasing an additional 14,482 shares in the last quarter. Quantinno Capital Management LP lifted its stake in iShares Core High Dividend ETF by 64.9% in the 1st quarter. Quantinno Capital Management LP now owns 18,195 shares of the exchange traded fund’s stock valued at $2,469,000 after buying an additional 7,162 shares in the last quarter. Gateway Wealth Partners LLC lifted its stake in iShares Core High Dividend ETF by 152.6% in the 1st quarter. Gateway Wealth Partners LLC now owns 7,809 shares of the exchange traded fund’s stock valued at $1,060,000 after buying an additional 4,717 shares in the last quarter. Compound Planning Inc. grew its holdings in iShares Core High Dividend ETF by 10.6% during the 1st quarter. Compound Planning Inc. now owns 4,765 shares of the exchange traded fund’s stock valued at $647,000 after buying an additional 457 shares during the last quarter. Finally, Lido Advisors LLC grew its holdings in iShares Core High Dividend ETF by 0.5% during the 1st quarter. Lido Advisors LLC now owns 78,016 shares of the exchange traded fund’s stock valued at $10,589,000 after buying an additional 410 shares during the last quarter.

iShares Core High Dividend ETF Stock Performance

iShares Core High Dividend ETF stock opened at $29.12 on Thursday. The stock has a fifty day moving average of $27.74 and a two-hundred day moving average of $27.18. The company has a market capitalization of $14.73 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a fifty-two week low of $23.51 and a fifty-two week high of $29.61.

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.