Janney Montgomery Scott LLC Buys 39,927 Shares of iShares Core High Dividend ETF $HDV

Janney Montgomery Scott LLC raised its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 5.1% in the 4th quarter, HoldingsChannel reports. The firm owned 830,428 shares of the exchange traded fund’s stock after acquiring an additional 39,927 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Core High Dividend ETF were worth $100,988,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HDV. BNP Paribas Financial Markets increased its stake in 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 purchasing an additional 400,223 shares in the last quarter. Bank of America Corp DE increased its position in shares of iShares Core High Dividend ETF by 3.6% during the second quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock worth $527,484,000 after acquiring an additional 155,098 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares Core High Dividend ETF by 4.0% during the fourth quarter. LPL Financial LLC now owns 2,931,967 shares of the exchange traded fund’s stock worth $356,557,000 after acquiring an additional 111,853 shares in the last quarter. Adirondack Capital Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF during the fourth quarter worth about $12,751,000. Finally, Cerity Partners LLC increased its position in shares of iShares Core High Dividend ETF by 215.1% during the fourth quarter. Cerity Partners LLC now owns 152,635 shares of the exchange traded fund’s stock worth $18,562,000 after acquiring an additional 104,191 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

NYSEARCA:HDV opened at $27.68 on Thursday. The firm has a 50-day moving average of $27.14 and a 200-day moving average of $26.34. The company has a market cap of $13.71 billion, a PE ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a one year low of $23.16 and a one year high of $28.18.

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.