iShares Core High Dividend ETF $HDV Shares Bought by IFP Advisors Inc

IFP Advisors Inc increased its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 867.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,219,092 shares of the exchange traded fund’s stock after buying an additional 1,093,020 shares during the quarter. iShares Core High Dividend ETF comprises approximately 0.6% of IFP Advisors Inc’s holdings, making the stock its 23rd largest position. IFP Advisors Inc’s holdings in iShares Core High Dividend ETF were worth $33,415,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of iShares Core High Dividend ETF in the fourth quarter worth $342,000. AQR Capital Management LLC lifted its holdings in shares of iShares Core High Dividend ETF by 6.1% in the first quarter. AQR Capital Management LLC now owns 5,047 shares of the exchange traded fund’s stock valued at $611,000 after buying an additional 292 shares during the period. Goldman Sachs Group Inc. boosted its stake in iShares Core High Dividend ETF by 8.6% during the first quarter. Goldman Sachs Group Inc. now owns 103,679 shares of the exchange traded fund’s stock valued at $12,558,000 after buying an additional 8,223 shares in the last quarter. Baird Financial Group Inc. grew its holdings in iShares Core High Dividend ETF by 10.9% during the second quarter. Baird Financial Group Inc. now owns 25,693 shares of the exchange traded fund’s stock worth $3,010,000 after acquiring an additional 2,517 shares during the period. Finally, NewEdge Advisors LLC raised its position in iShares Core High Dividend ETF by 10.8% in the second quarter. NewEdge Advisors LLC now owns 30,413 shares of the exchange traded fund’s stock worth $3,563,000 after acquiring an additional 2,954 shares in the last quarter.

iShares Core High Dividend ETF Trading Down 0.7%

Shares of NYSEARCA HDV opened at $29.19 on Wednesday. iShares Core High Dividend ETF has a twelve month low of $23.51 and a twelve month high of $30.13. The firm has a 50-day moving average of $28.82 and a two-hundred day moving average of $27.78. The company has a market capitalization of $15.07 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53.

iShares Core High Dividend ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 24th. Investors of record on Wednesday, August 19th were paid a dividend of $0.1046 per share. This is a boost from iShares Core High Dividend ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, August 19th.

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.