iShares Core High Dividend ETF (NYSEARCA:HDV) Sets New 52-Week High – What’s Next?

iShares Core High Dividend ETF (NYSEARCA:HDV) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $119.96 and last traded at $119.93, with a volume of 75412 shares. The stock had previously closed at $118.79.

iShares Core High Dividend ETF Stock Up 0.5 %

The stock has a 50 day moving average of $118.25 and a 200 day moving average of $114.08. The company has a market capitalization of $11.41 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

A number of hedge funds have recently bought and sold shares of HDV. Meiji Yasuda Life Insurance Co increased its stake in iShares Core High Dividend ETF by 19.7% in the first quarter. Meiji Yasuda Life Insurance Co now owns 3,008,172 shares of the exchange traded fund’s stock valued at $331,531,000 after purchasing an additional 495,944 shares in the last quarter. Orion Portfolio Solutions LLC increased its position in iShares Core High Dividend ETF by 372.6% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 479,666 shares of the exchange traded fund’s stock valued at $56,418,000 after buying an additional 378,179 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in iShares Core High Dividend ETF by 2,283.8% during the second quarter. Strategic Financial Concepts LLC now owns 379,398 shares of the exchange traded fund’s stock worth $412,000 after buying an additional 363,482 shares during the last quarter. International Assets Investment Management LLC lifted its position in iShares Core High Dividend ETF by 13,316.2% in the 3rd quarter. International Assets Investment Management LLC now owns 281,875 shares of the exchange traded fund’s stock valued at $33,154,000 after acquiring an additional 279,774 shares in the last quarter. Finally, LPL Financial LLC boosted its position in shares of iShares Core High Dividend ETF by 13.7% during the third quarter. LPL Financial LLC now owns 2,236,027 shares of the exchange traded fund’s stock valued at $263,001,000 after buying an additional 268,992 shares during the last quarter.

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.