Quantum Portfolio Management LLC Acquires New Stake in iShares Core High Dividend ETF $HDV

Quantum Portfolio Management LLC acquired a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the third quarter, HoldingsChannel.com reports. The fund acquired 7,860 shares of the exchange traded fund’s stock, valued at approximately $962,000.

Several other hedge funds also recently made changes to their positions in HDV. FAS Wealth Partners Inc. increased its stake in shares of iShares Core High Dividend ETF by 0.7% during the third quarter. FAS Wealth Partners Inc. now owns 84,426 shares of the exchange traded fund’s stock worth $10,338,000 after acquiring an additional 577 shares during the period. Phoenix Wealth Advisors boosted its holdings in iShares Core High Dividend ETF by 6.6% in the 3rd quarter. Phoenix Wealth Advisors now owns 1,926 shares of the exchange traded fund’s stock valued at $236,000 after purchasing an additional 120 shares in the last quarter. Forefront Wealth Management Inc. increased its position in iShares Core High Dividend ETF by 1.3% during the 3rd quarter. Forefront Wealth Management Inc. now owns 7,304 shares of the exchange traded fund’s stock worth $894,000 after purchasing an additional 97 shares during the period. Lodestar Private Asset Management LLC raised its stake in shares of iShares Core High Dividend ETF by 11.4% during the 3rd quarter. Lodestar Private Asset Management LLC now owns 3,987 shares of the exchange traded fund’s stock worth $488,000 after buying an additional 408 shares in the last quarter. Finally, Csenge Advisory Group raised its stake in shares of iShares Core High Dividend ETF by 5.3% during the 3rd quarter. Csenge Advisory Group now owns 18,094 shares of the exchange traded fund’s stock worth $2,216,000 after buying an additional 917 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

iShares Core High Dividend ETF stock opened at $127.14 on Monday. The stock’s 50 day moving average price is $122.51 and its 200 day moving average price is $121.48. iShares Core High Dividend ETF has a 1-year low of $106.00 and a 1-year high of $127.33. The company has a market cap of $12.28 billion, a PE ratio of 18.55 and a beta of 0.64.

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.