Magnolia Capital Advisors LLC Raises Stock Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Magnolia Capital Advisors LLC boosted its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 40.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,909 shares of the exchange traded fund’s stock after acquiring an additional 1,422 shares during the period. Magnolia Capital Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $551,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Blue Trust Inc. purchased a new position in iShares Core High Dividend ETF during the fourth quarter valued at approximately $25,000. Providence Capital Advisors LLC purchased a new position in iShares Core High Dividend ETF during the third quarter valued at approximately $32,000. Westside Investment Management Inc. grew its stake in iShares Core High Dividend ETF by 57.1% during the third quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 108 shares in the last quarter. McClarren Financial Advisors Inc. grew its stake in iShares Core High Dividend ETF by 53.5% during the third quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 116 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares Core High Dividend ETF by 28.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 435 shares of the exchange traded fund’s stock valued at $49,000 after acquiring an additional 97 shares in the last quarter.

iShares Core High Dividend ETF Trading Down 1.0 %

Shares of NYSEARCA:HDV opened at $114.62 on Monday. iShares Core High Dividend ETF has a 12 month low of $102.31 and a 12 month high of $121.70. The stock has a market cap of $10.83 billion, a P/E ratio of 13.82 and a beta of 0.55. The company has a 50 day moving average of $114.93 and a 200 day moving average of $116.18.

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.