iShares Core High Dividend ETF (NYSEARCA:HDV) Reaches New 52-Week High at $117.97

iShares Core High Dividend ETF (NYSEARCA:HDV) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $117.97 and last traded at $117.86, with a volume of 32440 shares changing hands. The stock had previously closed at $116.96.

iShares Core High Dividend ETF Stock Down 0.3 %

The company has a 50 day simple moving average of $112.01 and a 200-day simple moving average of $109.43. The stock has a market capitalization of $11.11 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

Hedge Funds Weigh In On iShares Core High Dividend ETF

Several institutional investors have recently added to or reduced their stakes in HDV. Vantage Financial Partners LLC bought a new stake in shares of iShares Core High Dividend ETF during the fourth quarter valued at approximately $507,000. Mission Wealth Management LP increased its holdings in shares of iShares Core High Dividend ETF by 24.7% during the fourth quarter. Mission Wealth Management LP now owns 3,016 shares of the exchange traded fund’s stock valued at $308,000 after acquiring an additional 597 shares in the last quarter. Concord Wealth Partners increased its holdings in shares of iShares Core High Dividend ETF by 0.8% during the fourth quarter. Concord Wealth Partners now owns 13,195 shares of the exchange traded fund’s stock valued at $1,346,000 after acquiring an additional 104 shares in the last quarter. Natixis Advisors L.P. increased its holdings in shares of iShares Core High Dividend ETF by 5.5% during the fourth quarter. Natixis Advisors L.P. now owns 14,332 shares of the exchange traded fund’s stock valued at $1,461,000 after acquiring an additional 749 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF during the fourth quarter valued at approximately $1,210,000.

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.