Rakuten Investment Management Inc. Buys New Position in iShares Core High Dividend ETF $HDV

Rakuten Investment Management Inc. bought a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 16,628 shares of the exchange traded fund’s stock, valued at approximately $2,026,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HDV. Beacon Investment Advisory Services Inc. increased its holdings in iShares Core High Dividend ETF by 4.3% during the 3rd quarter. Beacon Investment Advisory Services Inc. now owns 2,095 shares of the exchange traded fund’s stock worth $257,000 after purchasing an additional 86 shares during the last quarter. Jaffetilchin Investment Partners LLC grew its position in shares of iShares Core High Dividend ETF by 0.6% during the second quarter. Jaffetilchin Investment Partners LLC now owns 14,822 shares of the exchange traded fund’s stock worth $1,737,000 after buying an additional 91 shares in the last quarter. Forefront Wealth Management Inc. increased its stake in shares of iShares Core High Dividend ETF by 1.3% in the third quarter. Forefront Wealth Management Inc. now owns 7,304 shares of the exchange traded fund’s stock worth $894,000 after buying an additional 97 shares during the last quarter. Accel Wealth Management raised its holdings in iShares Core High Dividend ETF by 6.0% in the second quarter. Accel Wealth Management now owns 1,770 shares of the exchange traded fund’s stock valued at $207,000 after acquiring an additional 100 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. raised its holdings in iShares Core High Dividend ETF by 0.8% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 13,616 shares of the exchange traded fund’s stock valued at $1,595,000 after acquiring an additional 105 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

Shares of HDV stock opened at $128.59 on Friday. The firm has a fifty day moving average of $123.12 and a two-hundred day moving average of $121.75. The firm has a market cap of $12.54 billion, a P/E 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 $128.68.

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.