Valeo Financial Advisors LLC Boosts Stock Position in iShares Core High Dividend ETF $HDV

Valeo Financial Advisors LLC boosted its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 395.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 122,830 shares of the exchange traded fund’s stock after acquiring an additional 98,060 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $3,367,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of HDV. Gradient Investments LLC increased its holdings in shares of iShares Core High Dividend ETF by 400.0% in the second quarter. Gradient Investments LLC now owns 11,320 shares of the exchange traded fund’s stock valued at $310,000 after purchasing an additional 9,056 shares during the period. Beacon Bank & Trust lifted its holdings in shares of iShares Core High Dividend ETF by 373.8% during the second quarter. Beacon Bank & Trust now owns 52,660 shares of the exchange traded fund’s stock worth $1,443,000 after purchasing an additional 41,545 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares Core High Dividend ETF by 329.7% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,085 shares of the exchange traded fund’s stock worth $167,000 after purchasing an additional 4,669 shares during the period. Baring Financial LLC grew its position in iShares Core High Dividend ETF by 402.0% in the 2nd quarter. Baring Financial LLC now owns 19,582 shares of the exchange traded fund’s stock valued at $537,000 after buying an additional 15,681 shares during the last quarter. Finally, Beacon Investment Advisory Services Inc. grew its position in iShares Core High Dividend ETF by 519.2% in the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 12,835 shares of the exchange traded fund’s stock valued at $352,000 after buying an additional 10,762 shares during the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of HDV opened at $28.78 on Monday. The stock has a market capitalization of $14.86 billion, a P/E ratio of 18.55 and a beta of 0.52. The company’s fifty day moving average is $27.89 and its two-hundred day moving average is $27.35. iShares Core High Dividend ETF has a 1 year low of $23.51 and a 1 year high of $29.61.

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.