HB Wealth Management LLC Purchases 650,984 Shares of iShares Core High Dividend ETF $HDV

HB Wealth Management LLC lifted its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 387.2% during the second quarter, Holdings Channel.com reports. The firm owned 819,098 shares of the exchange traded fund’s stock after purchasing an additional 650,984 shares during the period. HB Wealth Management LLC’s holdings in iShares Core High Dividend ETF were worth $22,451,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Merkkuri Wealth Advisors LLC acquired a new stake in iShares Core High Dividend ETF in the 1st quarter valued at $26,000. Rakuten Securities Inc. raised its holdings 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 worth $25,000 after buying an additional 109 shares during the last quarter. Park National Corp OH acquired a new position in iShares Core High Dividend ETF during the first quarter worth $59,000. Dynamic Wealth Strategies LLC bought a new position in shares of iShares Core High Dividend ETF in the first quarter valued at $61,000. Finally, Bartlett & CO. Wealth Management LLC lifted its stake in shares of iShares Core High Dividend ETF by 400.0% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 580 shares of the exchange traded fund’s stock valued at $79,000 after buying an additional 464 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

Shares of NYSEARCA HDV opened at $29.40 on Friday. The stock has a market capitalization of $15.18 billion, a P/E ratio of 18.55 and a beta of 0.53. The company has a 50-day moving average price of $28.75 and a 200-day moving average price of $27.75. iShares Core High Dividend ETF has a 1 year low of $23.51 and a 1 year high of $30.13.

iShares Core High Dividend ETF Increases Dividend

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

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.