Keystone Financial Planning Inc. Has $2.59 Million Holdings in iShares Core High Dividend ETF $HDV

Keystone Financial Planning Inc. increased its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 360.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 94,568 shares of the exchange traded fund’s stock after acquiring an additional 74,038 shares during the quarter. iShares Core High Dividend ETF comprises about 0.7% of Keystone Financial Planning Inc.’s investment portfolio, making the stock its 22nd biggest position. Keystone Financial Planning Inc.’s holdings in iShares Core High Dividend ETF were worth $2,592,000 at the end of the most recent reporting period.

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

iShares Core High Dividend ETF Stock Down 0.4%

Shares of NYSEARCA HDV opened at $29.08 on Thursday. iShares Core High Dividend ETF has a 12 month low of $23.51 and a 12 month high of $30.13. The company has a market cap of $15.02 billion, a P/E ratio of 18.55 and a beta of 0.53. The business’s 50 day moving average is $28.85 and its two-hundred day moving average is $27.79.

iShares Core High Dividend ETF Increases Dividend

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

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.