Rakuten Investment Management Inc. Grows Holdings in iShares Core High Dividend ETF $HDV

Rakuten Investment Management Inc. boosted its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 123.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,410 shares of the exchange traded fund’s stock after buying an additional 41,154 shares during the quarter. Rakuten Investment Management Inc.’s holdings in iShares Core High Dividend ETF were worth $2,060,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HDV. Brighton Jones LLC purchased a new position in iShares Core High Dividend ETF in the fourth quarter valued at about $342,000. AQR Capital Management LLC increased its holdings in iShares Core High Dividend ETF by 6.1% during the 1st quarter. AQR Capital Management LLC now owns 5,047 shares of the exchange traded fund’s stock worth $611,000 after purchasing an additional 292 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares Core High Dividend ETF by 8.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 103,679 shares of the exchange traded fund’s stock valued at $12,558,000 after purchasing an additional 8,223 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of iShares Core High Dividend ETF by 10.9% in the 2nd quarter. Baird Financial Group Inc. now owns 25,693 shares of the exchange traded fund’s stock valued at $3,010,000 after purchasing an additional 2,517 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of iShares Core High Dividend ETF by 10.8% during the 2nd quarter. NewEdge Advisors LLC now owns 30,413 shares of the exchange traded fund’s stock valued at $3,563,000 after buying an additional 2,954 shares during the last quarter.

iShares Core High Dividend ETF Stock Performance

HDV stock opened at $29.44 on Monday. iShares Core High Dividend ETF has a twelve month low of $23.51 and a twelve month high of $30.13. The company has a market capitalization of $15.20 billion, a P/E ratio of 18.55 and a beta of 0.52. The firm has a 50 day simple moving average of $28.53 and a 200-day simple moving average of $27.69.

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.