Invested Advisors Acquires 48,728 Shares of iShares Core High Dividend ETF $HDV

Invested Advisors raised its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 398.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 60,948 shares of the exchange traded fund’s stock after buying an additional 48,728 shares during the quarter. iShares Core High Dividend ETF comprises approximately 1.5% of Invested Advisors’ investment portfolio, making the stock its 16th biggest holding. Invested Advisors’ holdings in iShares Core High Dividend ETF were worth $1,671,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rakuten Securities Inc. increased its holdings in iShares Core High Dividend ETF by 101.9% during 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 in the last quarter. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF during the first quarter worth about $26,000. Financial Management Professionals Inc. boosted its position in shares of iShares Core High Dividend ETF by 400.0% during the second quarter. Financial Management Professionals Inc. now owns 1,250 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 1,000 shares during the period. Caitlin John LLC grew its holdings in shares of iShares Core High Dividend ETF by 400.0% during the second quarter. Caitlin John LLC now owns 1,725 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 1,380 shares in the last quarter. Finally, Roxbury Financial LLC grew its holdings in shares of iShares Core High Dividend ETF by 402.0% during the second quarter. Roxbury Financial LLC now owns 1,797 shares of the exchange traded fund’s stock worth $49,000 after buying an additional 1,439 shares in the last quarter.

iShares Core High Dividend ETF Stock Down 1.0%

Shares of HDV opened at $29.40 on Friday. The stock has a market capitalization of $15.18 billion, a P/E ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a twelve month low of $23.51 and a twelve month high of $30.13. The company has a 50 day moving average of $28.75 and a 200-day moving average of $27.75.

iShares Core High Dividend ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 24th. Shareholders of record on Wednesday, August 19th were given a dividend of $0.1046 per share. This is a boost from iShares Core High Dividend ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a c) annualized dividend and a yield of 4.3%.

iShares Core High Dividend ETF Profile

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.