iShares Core High Dividend ETF (NYSEARCA:HDV) Hits New 12-Month High – Time to Buy?

iShares Core High Dividend ETF (NYSEARCA:HDVGet Free Report)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $28.33 and last traded at $28.33, with a volume of 3523140 shares changing hands. The stock had previously closed at $27.65.

iShares Core High Dividend ETF Trading Down 0.4%

The firm’s 50-day moving average price is $27.54 and its two-hundred day moving average price is $26.92. The stock has a market cap of $14.19 billion, a PE ratio of 18.55 and a beta of 0.53.

Hedge Funds Weigh In On iShares Core High Dividend ETF

A number of large investors have recently bought and sold shares of the business. Merkkuri Wealth Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF in the 1st quarter valued at $26,000. Rakuten Securities Inc. boosted its position in iShares Core High Dividend ETF by 101.9% during the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 109 shares in the last quarter. Laurel Wealth Advisors LLC bought a new stake in iShares Core High Dividend ETF during the fourth quarter valued at about $28,000. EQ Wealth Advisors LLC bought a new stake in iShares Core High Dividend ETF during the fourth quarter valued at about $40,000. Finally, Syntax Research Inc. grew its stake in iShares Core High Dividend ETF by 151.5% in the fourth quarter. Syntax Research Inc. now owns 415 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 250 shares during the last quarter.

iShares Core High Dividend ETF Company Profile

(Get Free Report)

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.

Further Reading

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