Investors Buy Large Volume of iShares Core High Dividend ETF Call Options (NYSEARCA:HDV)

iShares Core High Dividend ETF (NYSEARCA:HDV) was the recipient of unusually large options trading activity on Tuesday. Traders bought 8,151 call options on the stock. This is an increase of approximately 3,727% compared to the average volume of 213 call options.

iShares Core High Dividend ETF Trading Up 0.0%

Shares of HDV stock traded up $0.06 during trading on Tuesday, hitting $121.57. The company’s stock had a trading volume of 172,853 shares, compared to its average volume of 500,643. The company has a market cap of $11.49 billion, a PE ratio of 18.55 and a beta of 0.64. The business has a fifty day moving average of $121.56 and a 200-day moving average of $120.67. iShares Core High Dividend ETF has a 52 week low of $106.00 and a 52 week high of $124.19.

Hedge Funds Weigh In On iShares Core High Dividend ETF

Several institutional investors have recently added to or reduced their stakes in HDV. Rakuten Securities Inc. boosted its stake in iShares Core High Dividend ETF by 101.9% in 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. MB Levis & Associates LLC purchased a new stake in shares of iShares Core High Dividend ETF in the second quarter worth about $26,000. EPG Wealth Management LLC bought a new position in shares of iShares Core High Dividend ETF in the third quarter valued at approximately $40,000. Caitlin John LLC purchased a new position in iShares Core High Dividend ETF during the third quarter valued at approximately $42,000. Finally, Rossmore Private Capital purchased a new position in iShares Core High Dividend ETF during the third quarter valued at approximately $43,000.

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.