Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV – Free Report) by 317.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,080,660 shares of the exchange traded fund’s stock after purchasing an additional 821,692 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Core High Dividend ETF were worth $29,621,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Wedbush Securities Inc. boosted its position in shares of iShares Core High Dividend ETF by 282.6% in the second quarter. Wedbush Securities Inc. now owns 26,749 shares of the exchange traded fund’s stock worth $733,000 after buying an additional 19,758 shares during the period. Hollencrest Capital Management lifted its stake in iShares Core High Dividend ETF by 400.0% in the second quarter. Hollencrest Capital Management now owns 2,250 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 1,800 shares during the last quarter. Greenleaf Trust acquired a new stake in shares of iShares Core High Dividend ETF in the 2nd quarter valued at $200,000. Chapin Davis Inc. lifted its holdings in iShares Core High Dividend ETF by 400.0% in the 2nd quarter. Chapin Davis Inc. now owns 27,430 shares of the exchange traded fund’s stock worth $752,000 after purchasing an additional 21,944 shares during the last quarter. Finally, Beacon Pointe Advisors LLC boosted its holdings in iShares Core High Dividend ETF by 380.8% during the second quarter. Beacon Pointe Advisors LLC now owns 89,134 shares of the exchange traded fund’s stock valued at $2,443,000 after acquiring an additional 70,596 shares during the period.
iShares Core High Dividend ETF Price Performance
NYSEARCA:HDV opened at $29.61 on Wednesday. The company has a fifty day moving average price of $28.62 and a 200 day moving average price of $27.71. The stock has a market cap of $15.29 billion, a P/E ratio of 18.55 and a beta of 0.52. iShares Core High Dividend ETF has a one year low of $23.51 and a one year high of $30.13.
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.
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