Chapin Davis Inc. Has $752,000 Position in iShares Core High Dividend ETF $HDV

Chapin Davis Inc. lifted its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 400.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 27,430 shares of the exchange traded fund’s stock after acquiring an additional 21,944 shares during the period. Chapin Davis Inc.’s holdings in iShares Core High Dividend ETF were worth $752,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in iShares Core High Dividend ETF by 3.6% in the 2nd quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock valued at $527,484,000 after acquiring an additional 155,098 shares in the last quarter. Morgan Stanley grew its holdings in shares of iShares Core High Dividend ETF by 1.8% during the 4th quarter. Morgan Stanley now owns 3,380,192 shares of the exchange traded fund’s stock worth $411,065,000 after purchasing an additional 59,258 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares Core High Dividend ETF by 4.0% during the fourth quarter. LPL Financial LLC now owns 2,931,967 shares of the exchange traded fund’s stock valued at $356,557,000 after purchasing an additional 111,853 shares during the period. Auto Owners Insurance Co increased its position in shares of iShares Core High Dividend ETF by 12,061.0% during the fourth quarter. Auto Owners Insurance Co now owns 2,894,318 shares of the exchange traded fund’s stock valued at $35,198,000 after purchasing an additional 2,870,518 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of iShares Core High Dividend ETF by 12.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,546,611 shares of the exchange traded fund’s stock valued at $188,083,000 after purchasing an additional 174,193 shares during the period.

iShares Core High Dividend ETF Price Performance

Shares of HDV stock opened at $28.64 on Thursday. iShares Core High Dividend ETF has a one year low of $23.51 and a one year high of $29.61. The stock has a fifty day moving average price of $27.83 and a 200 day moving average price of $27.31. The stock has a market cap of $14.79 billion, a P/E ratio of 18.55 and a beta of 0.52.

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.