Gallagher Capital Advisors LLC Makes New Investment in iShares Core High Dividend ETF $HDV

Gallagher Capital Advisors LLC bought a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 28,988 shares of the exchange traded fund’s stock, valued at approximately $3,934,000. iShares Core High Dividend ETF accounts for approximately 2.4% of Gallagher Capital Advisors LLC’s holdings, making the stock its 11th biggest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Rakuten Securities Inc. lifted its stake in iShares Core High Dividend ETF by 101.9% during the second 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 last quarter. Merkkuri Wealth Advisors LLC acquired a new stake in iShares Core High Dividend ETF during the 1st quarter worth about $26,000. Laurel Wealth Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF during the fourth quarter worth approximately $28,000. EQ Wealth Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF during the 4th quarter valued at $40,000. Finally, Syntax Research Inc. grew its stake in iShares Core High Dividend ETF by 151.5% in the fourth quarter. Syntax Research Inc. now owns 415 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 250 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA HDV opened at $27.65 on Thursday. The stock has a market cap of $13.88 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a 52 week low of $23.51 and a 52 week high of $28.33. The business has a 50 day simple moving average of $27.49 and a 200 day simple moving average of $26.89.

iShares Core High Dividend ETF Company 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.