Signature Estate & Investment Advisors LLC Invests $955,000 in iShares Core High Dividend ETF (NYSEARCA:HDV)

Signature Estate & Investment Advisors LLC bought a new stake in iShares Core High Dividend ETF (NYSEARCA:HDV) during the second quarter, HoldingsChannel.com reports. The firm bought 8,786 shares of the exchange traded fund’s stock, valued at approximately $955,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Elevate Wealth Advisory Inc. acquired a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth $30,000. Russell Investments Group Ltd. boosted its position in iShares Core High Dividend ETF by 56.4% during the 1st quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 128 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Core High Dividend ETF during the second quarter valued at $41,000. Northwest Financial Advisors acquired a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth $42,000. Finally, Sound Income Strategies LLC grew its stake in shares of iShares Core High Dividend ETF by 1,052.9% in the first quarter. Sound Income Strategies LLC now owns 392 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 358 shares during the last quarter.

iShares Core High Dividend ETF Trading Down 0.2 %

NYSEARCA:HDV traded down $0.27 during trading hours on Tuesday, hitting $117.65. 51,694 shares of the company were exchanged, compared to its average volume of 429,046. The company has a fifty day simple moving average of $111.81 and a 200 day simple moving average of $109.33. iShares Core High Dividend ETF has a one year low of $93.46 and a one year high of $118.26. The stock has a market capitalization of $11.11 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

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.