iShares Core High Dividend ETF (NYSEARCA:HDV) Reaches New 12-Month High – Here’s What Happened

iShares Core High Dividend ETF (NYSEARCA:HDV)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $28.29 and last traded at $28.25, with a volume of 505055 shares traded. The stock had previously closed at $27.70.

iShares Core High Dividend ETF Stock Performance

The firm has a market cap of $13.90 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53. The business has a fifty day moving average of $27.43 and a two-hundred day moving average of $26.77.

Institutional Trading of iShares Core High Dividend ETF

Several large investors have recently bought and sold shares of HDV. Valeo Financial Advisors LLC raised its stake in shares of iShares Core High Dividend ETF by 395.9% during the 2nd quarter. Valeo Financial Advisors LLC now owns 122,830 shares of the exchange traded fund’s stock worth $3,367,000 after buying an additional 98,060 shares during the last quarter. Gradient Investments LLC grew its stake in iShares Core High Dividend ETF by 400.0% in the 2nd quarter. Gradient Investments LLC now owns 11,320 shares of the exchange traded fund’s stock valued at $310,000 after acquiring an additional 9,056 shares during the last quarter. Beacon Bank & Trust grew its stake in iShares Core High Dividend ETF by 373.8% in the 2nd quarter. Beacon Bank & Trust now owns 52,660 shares of the exchange traded fund’s stock valued at $1,443,000 after acquiring an additional 41,545 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares Core High Dividend ETF by 329.7% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,085 shares of the exchange traded fund’s stock valued at $167,000 after acquiring an additional 4,669 shares during the last quarter. Finally, Baring Financial LLC increased its holdings in iShares Core High Dividend ETF by 402.0% during the 2nd quarter. Baring Financial LLC now owns 19,582 shares of the exchange traded fund’s stock valued at $537,000 after acquiring an additional 15,681 shares in the last quarter.

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.