RDA Financial Network Boosts Stock Position in iShares Core High Dividend ETF $HDV

RDA Financial Network boosted its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 397.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 69,838 shares of the exchange traded fund’s stock after purchasing an additional 55,787 shares during the quarter. RDA Financial Network’s holdings in iShares Core High Dividend ETF were worth $1,914,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rakuten Securities Inc. increased its stake in shares of 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 acquiring an additional 109 shares during the last quarter. Merkkuri Wealth Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF in the first quarter worth approximately $26,000. Laurel Wealth Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF in the fourth quarter worth approximately $28,000. EQ Wealth Advisors LLC purchased a new stake in iShares Core High Dividend ETF in the fourth quarter valued at approximately $40,000. Finally, Roxbury Financial LLC grew its holdings in iShares Core High Dividend ETF by 402.0% in the second quarter. Roxbury Financial LLC now owns 1,797 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 1,439 shares during the period.

iShares Core High Dividend ETF Stock Performance

Shares of HDV stock opened at $28.64 on Tuesday. iShares Core High Dividend ETF has a one year low of $23.51 and a one year high of $29.61. The company has a 50 day moving average price of $27.79 and a 200 day moving average price of $27.26. The firm has a market capitalization of $14.79 billion, a price-to-earnings ratio of 18.55 and a beta of 0.52.

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.