Focus Financial Network Inc. Grows Stake in iShares Core High Dividend ETF $HDV

Focus Financial Network Inc. increased its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 407.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,198 shares of the exchange traded fund’s stock after purchasing an additional 20,236 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares Core High Dividend ETF were worth $691,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of HDV. Rakuten Securities Inc. grew its holdings in iShares Core High Dividend ETF by 101.9% in the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 109 shares during the last quarter. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF during the 1st quarter worth $26,000. Laurel Wealth Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF during the 4th quarter worth $28,000. EQ Wealth Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF during the 4th quarter worth $40,000. Finally, Roxbury Financial LLC boosted its position in shares of iShares Core High Dividend ETF by 402.0% in the 2nd quarter. Roxbury Financial LLC now owns 1,797 shares of the exchange traded fund’s stock worth $49,000 after buying an additional 1,439 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

iShares Core High Dividend ETF stock opened at $29.07 on Thursday. The firm has a market capitalization of $15.01 billion, a PE ratio of 18.55 and a beta of 0.52. iShares Core High Dividend ETF has a 52 week low of $23.51 and a 52 week high of $29.61. The firm’s 50-day simple moving average is $28.01 and its 200 day simple moving average is $27.43.

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.