Marino Stram & Associates LLC Buys Shares of 2,212 iShares Core High Dividend ETF (NYSEARCA:HDV)

Marino Stram & Associates LLC bought a new stake in iShares Core High Dividend ETF (NYSEARCA:HDV) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 2,212 shares of the exchange traded fund’s stock, valued at approximately $226,000.

A number of other institutional investors and hedge funds have also made changes to their positions in HDV. Ironwood Wealth Management LLC. grew its position in shares of iShares Core High Dividend ETF by 2.8% during the first quarter. Ironwood Wealth Management LLC. now owns 14,674 shares of the exchange traded fund’s stock worth $1,569,000 after buying an additional 404 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of iShares Core High Dividend ETF by 70.2% during the first quarter. Bank of New York Mellon Corp now owns 21,455 shares of the exchange traded fund’s stock worth $2,293,000 after buying an additional 8,849 shares in the last quarter. US Bancorp DE boosted its holdings in iShares Core High Dividend ETF by 3.7% in the first quarter. US Bancorp DE now owns 2,847 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 102 shares in the last quarter. BlackRock Inc. boosted its holdings in iShares Core High Dividend ETF by 6.5% in the first quarter. BlackRock Inc. now owns 600,006 shares of the exchange traded fund’s stock valued at $64,134,000 after purchasing an additional 36,500 shares in the last quarter. Finally, Synovus Financial Corp boosted its holdings in iShares Core High Dividend ETF by 30.8% in the first quarter. Synovus Financial Corp now owns 13,631 shares of the exchange traded fund’s stock valued at $1,457,000 after purchasing an additional 3,208 shares in the last quarter.

iShares Core High Dividend ETF Stock Down 0.6 %

HDV traded down $0.67 on Tuesday, reaching $105.83. The company’s stock had a trading volume of 158,999 shares, compared to its average volume of 597,643. The stock has a 50 day moving average of $106.85 and a two-hundred day moving average of $102.33. The company has a market capitalization of $10.08 billion, a price-to-earnings ratio of 13.70 and a beta of 0.55. iShares Core High Dividend ETF has a fifty-two week low of $93.46 and a fifty-two week high of $110.33.

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.