Balefire LLC Buys New Shares in iShares Core High Dividend ETF $HDV

Balefire LLC purchased a new stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the third quarter, Holdings Channel reports. The firm purchased 59,251 shares of the exchange traded fund’s stock, valued at approximately $1,657,000.

Other hedge funds have also bought and sold shares of the company. Kestra Private Wealth Services LLC boosted its holdings in shares of iShares Core High Dividend ETF by 0.6% in the 1st quarter. Kestra Private Wealth Services LLC now owns 13,404 shares of the exchange traded fund’s stock worth $1,819,000 after buying an additional 80 shares during the last quarter. Wellspring Financial Advisors LLC raised its position in iShares Core High Dividend ETF by 1.0% in the fourth quarter. Wellspring Financial Advisors LLC now owns 12,117 shares of the exchange traded fund’s stock worth $1,474,000 after acquiring an additional 121 shares during the period. Patten Group Inc. raised its position in iShares Core High Dividend ETF by 1.5% in the first quarter. Patten Group Inc. now owns 9,160 shares of the exchange traded fund’s stock worth $1,243,000 after acquiring an additional 136 shares during the period. Stephens Inc. AR boosted its stake in iShares Core High Dividend ETF by 2.2% in the first quarter. Stephens Inc. AR now owns 6,398 shares of the exchange traded fund’s stock valued at $868,000 after acquiring an additional 140 shares during the last quarter. Finally, Fiduciary Alliance LLC boosted its stake in iShares Core High Dividend ETF by 9.3% in the first quarter. Fiduciary Alliance LLC now owns 1,951 shares of the exchange traded fund’s stock valued at $260,000 after acquiring an additional 166 shares during the last quarter.

iShares Core High Dividend ETF Trading Down 0.4%

Shares of HDV stock traded down $0.11 during trading hours on Friday, hitting $28.71. 1,833,680 shares of the company were exchanged, compared to its average volume of 3,881,280. The firm has a fifty day simple moving average of $28.99 and a 200 day simple moving average of $27.96. iShares Core High Dividend ETF has a 52-week low of $23.51 and a 52-week high of $30.13. The stock has a market capitalization of $14.91 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53.

iShares Core High Dividend ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 24th. Stockholders of record on Wednesday, August 19th were paid a dividend of $0.1046 per share. This represents a $1.26 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Wednesday, August 19th. This is a positive change from iShares Core High Dividend ETF’s previous monthly dividend of $0.0874.

iShares Core High Dividend ETF Profile

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.