FC Advisory LLC Grows Stock Position in iShares Core High Dividend ETF $HDV

FC Advisory LLC grew its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 405.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 107,781 shares of the exchange traded fund’s stock after purchasing an additional 86,469 shares during the period. iShares Core High Dividend ETF comprises 0.8% of FC Advisory LLC’s investment portfolio, making the stock its 25th biggest position. FC Advisory LLC’s holdings in iShares Core High Dividend ETF were worth $2,954,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of HDV. Rakuten Securities Inc. grew its stake in shares of iShares Core High Dividend ETF by 101.9% during the 2nd quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 109 shares during the period. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF in the 1st quarter valued at $26,000. Laurel Wealth Advisors LLC purchased a new stake in iShares Core High Dividend ETF during the fourth quarter worth $28,000. Financial Management Professionals Inc. grew its position in iShares Core High Dividend ETF by 400.0% during the second quarter. Financial Management Professionals Inc. now owns 1,250 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 1,000 shares during the period. Finally, EQ Wealth Advisors LLC purchased a new position in iShares Core High Dividend ETF in the fourth quarter valued at $40,000.

iShares Core High Dividend ETF Stock Performance

Shares of iShares Core High Dividend ETF stock opened at $28.99 on Tuesday. The firm has a 50-day simple moving average of $27.93 and a two-hundred day simple moving average of $27.38. The company has a market cap of $14.97 billion, a P/E ratio of 18.55 and a beta of 0.52. iShares Core High Dividend ETF has a fifty-two week low of $23.51 and a fifty-two week high of $29.61.

About iShares Core High Dividend ETF

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.