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

iShares Core High Dividend ETF (NYSEARCA:HDVGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as $28.92 and last traded at $28.91, with a volume of 1573689 shares. The stock had previously closed at $28.75.

iShares Core High Dividend ETF Trading Up 0.2%

The business has a fifty day moving average of $27.66 and a 200-day moving average of $27.08. The company has a market cap of $14.56 billion, a PE ratio of 18.55 and a beta of 0.53.

Hedge Funds Weigh In On iShares Core High Dividend ETF

Several hedge funds have recently made changes to their positions in the business. Rakuten Securities Inc. increased its position 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 valued at $25,000 after purchasing an additional 109 shares during the period. Merkkuri Wealth Advisors LLC bought a new stake in iShares Core High Dividend ETF during the 1st quarter valued at approximately $26,000. Laurel Wealth Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF during the 4th quarter worth approximately $28,000. Financial Management Professionals Inc. raised its position in shares of iShares Core High Dividend ETF by 400.0% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,250 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 1,000 shares in the last quarter. Finally, EQ Wealth Advisors LLC bought a new position in shares of iShares Core High Dividend ETF in the 4th quarter worth approximately $40,000.

About iShares Core High Dividend ETF

(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.

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