Operose Advisors LLC Raises Stock Position in iShares Core High Dividend ETF $HDV

Operose Advisors LLC grew its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 420.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 55,276 shares of the exchange traded fund’s stock after acquiring an additional 44,649 shares during the period. Operose Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $1,515,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of HDV. Brighton Jones LLC bought a new stake in iShares Core High Dividend ETF during the 4th quarter valued at $342,000. AQR Capital Management LLC lifted its holdings in shares of iShares Core High Dividend ETF by 6.1% in the 1st quarter. AQR Capital Management LLC now owns 5,047 shares of the exchange traded fund’s stock worth $611,000 after buying an additional 292 shares during the period. Goldman Sachs Group Inc. grew its position in shares of iShares Core High Dividend ETF by 8.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 103,679 shares of the exchange traded fund’s stock worth $12,558,000 after buying an additional 8,223 shares in the last quarter. Baird Financial Group Inc. grew its position in shares of iShares Core High Dividend ETF by 10.9% during the 2nd quarter. Baird Financial Group Inc. now owns 25,693 shares of the exchange traded fund’s stock worth $3,010,000 after buying an additional 2,517 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of iShares Core High Dividend ETF by 10.8% during the second quarter. NewEdge Advisors LLC now owns 30,413 shares of the exchange traded fund’s stock valued at $3,563,000 after buying an additional 2,954 shares during the period.

iShares Core High Dividend ETF Trading Down 1.0%

Shares of iShares Core High Dividend ETF stock opened at $29.40 on Friday. The stock’s fifty day moving average price is $28.75 and its 200-day moving average price is $27.75. The firm has a market cap of $15.18 billion, a P/E ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a 12 month low of $23.51 and a 12 month high of $30.13.

iShares Core High Dividend ETF Increases Dividend

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

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.