Townsend & Associates Inc Buys 6,392 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Townsend & Associates Inc grew its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 354,734 shares of the exchange traded fund’s stock after purchasing an additional 6,392 shares during the period. iShares Core High Dividend ETF comprises 4.5% of Townsend & Associates Inc’s investment portfolio, making the stock its 4th biggest position. Townsend & Associates Inc’s holdings in iShares Core High Dividend ETF were worth $36,321,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of HDV. Meiji Yasuda Life Insurance Co increased its holdings in iShares Core High Dividend ETF by 105.3% in the third quarter. Meiji Yasuda Life Insurance Co now owns 2,512,228 shares of the exchange traded fund’s stock valued at $248,434,000 after buying an additional 1,288,572 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of iShares Core High Dividend ETF by 2.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 600,390 shares of the exchange traded fund’s stock valued at $59,373,000 after purchasing an additional 13,890 shares in the last quarter. Federated Hermes Inc. increased its stake in shares of iShares Core High Dividend ETF by 449.7% in the 4th quarter. Federated Hermes Inc. now owns 515,674 shares of the exchange traded fund’s stock valued at $52,594,000 after purchasing an additional 421,865 shares in the last quarter. FMR LLC raised its holdings in iShares Core High Dividend ETF by 1.3% in the 3rd quarter. FMR LLC now owns 514,402 shares of the exchange traded fund’s stock worth $50,869,000 after purchasing an additional 6,794 shares during the period. Finally, Mariner LLC boosted its position in iShares Core High Dividend ETF by 3.1% during the third quarter. Mariner LLC now owns 360,784 shares of the exchange traded fund’s stock worth $35,678,000 after purchasing an additional 10,987 shares in the last quarter.

iShares Core High Dividend ETF Stock Up 0.5 %

Shares of iShares Core High Dividend ETF stock traded up $0.55 on Thursday, reaching $109.87. The company’s stock had a trading volume of 171,433 shares, compared to its average volume of 534,943. The company has a market capitalization of $10.38 billion, a P/E ratio of 13.82 and a beta of 0.55. The stock has a 50-day moving average price of $108.12 and a 200-day moving average price of $103.58. iShares Core High Dividend ETF has a 52-week low of $93.46 and a 52-week high of $110.33.

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.