MCF Advisors LLC Boosts Stake in iShares Core High Dividend ETF $HDV

MCF Advisors LLC increased its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 378.5% during the second quarter, Holdings Channel.com reports. The firm owned 82,131 shares of the exchange traded fund’s stock after purchasing an additional 64,965 shares during the quarter. MCF Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $2,251,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of HDV. Corient Private Wealth LLC increased its holdings in iShares Core High Dividend ETF by 195.8% in the 4th quarter. Corient Private Wealth LLC now owns 130,068 shares of the exchange traded fund’s stock worth $15,818,000 after acquiring an additional 86,089 shares in the last quarter. LPL Financial LLC lifted its holdings in 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 valued at $356,557,000 after purchasing an additional 111,853 shares in the last quarter. Gallagher Capital Advisors LLC bought a new position in shares of iShares Core High Dividend ETF in the first quarter worth approximately $3,934,000. WorthPointe LLC bought a new position in shares of iShares Core High Dividend ETF in the second quarter worth approximately $638,000. Finally, 180 Wealth Advisors LLC increased its stake in shares of iShares Core High Dividend ETF by 386.2% in the second quarter. 180 Wealth Advisors LLC now owns 54,616 shares of the exchange traded fund’s stock worth $1,497,000 after purchasing an additional 43,383 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

Shares of HDV stock opened at $29.08 on Thursday. The company has a market capitalization of $15.02 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a one year low of $23.51 and a one year high of $30.13. The company’s fifty day moving average price is $28.85 and its 200-day moving average price is $27.79.

iShares Core High Dividend ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 24th. Shareholders of record on Wednesday, August 19th were paid a $0.1046 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Wednesday, August 19th. This is a boost from iShares Core High Dividend ETF’s previous monthly dividend of $0.09.

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.