Cornerstone Advisors Asset Management LLC Acquires 120 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Cornerstone Advisors Asset Management LLC boosted its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 1.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,025 shares of the exchange traded fund’s stock after buying an additional 120 shares during the quarter. Cornerstone Advisors Asset Management LLC’s holdings in iShares Core High Dividend ETF were worth $1,350,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HDV. Blue Trust Inc. acquired a new stake in shares of iShares Core High Dividend ETF in the fourth quarter worth $25,000. Providence Capital Advisors LLC bought a new stake in iShares Core High Dividend ETF during the third quarter valued at about $32,000. Westside Investment Management Inc. grew its position in shares of iShares Core High Dividend ETF by 57.1% in the third quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 108 shares during the last quarter. Roxbury Financial LLC bought a new position in shares of iShares Core High Dividend ETF in the fourth quarter worth about $42,000. Finally, YANKCOM Partnership acquired a new position in shares of iShares Core High Dividend ETF during the 4th quarter worth about $45,000.

iShares Core High Dividend ETF Stock Up 0.4 %

HDV opened at $117.23 on Wednesday. The stock’s 50 day moving average price is $114.06 and its two-hundred day moving average price is $116.41. The firm has a market capitalization of $11.07 billion, a P/E ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 12-month low of $104.36 and a 12-month high of $121.70.

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.