CoreCap Advisors LLC Makes New Investment in iShares Core High Dividend ETF (NYSEARCA:HDV)

CoreCap Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 11,515 shares of the exchange traded fund’s stock, valued at approximately $1,252,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HDV. Wells Fargo & Company MN increased its holdings in shares of iShares Core High Dividend ETF by 48.7% in the fourth quarter. Wells Fargo & Company MN now owns 2,697,776 shares of the exchange traded fund’s stock valued at $275,146,000 after purchasing an additional 883,411 shares during the last quarter. Meiji Yasuda Life Insurance Co increased its holdings in shares of iShares Core High Dividend ETF by 19.7% in the first quarter. Meiji Yasuda Life Insurance Co now owns 3,008,172 shares of the exchange traded fund’s stock valued at $331,531,000 after purchasing an additional 495,944 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of iShares Core High Dividend ETF by 2,283.8% in the second quarter. Strategic Financial Concepts LLC now owns 379,398 shares of the exchange traded fund’s stock valued at $412,000 after purchasing an additional 363,482 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of iShares Core High Dividend ETF by 434.8% in the first quarter. Cetera Investment Advisers now owns 321,188 shares of the exchange traded fund’s stock valued at $35,398,000 after purchasing an additional 261,132 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of iShares Core High Dividend ETF by 9,716.9% in the first quarter. BNP Paribas Financial Markets now owns 206,154 shares of the exchange traded fund’s stock valued at $22,720,000 after acquiring an additional 204,054 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

HDV stock opened at $117.42 on Friday. The company’s 50-day simple moving average is $114.35 and its 200 day simple moving average is $110.51. iShares Core High Dividend ETF has a 52 week low of $93.46 and a 52 week high of $119.07. The company has a market capitalization of $11.09 billion, a PE ratio of 13.82 and a beta of 0.55.

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.