Cornerstone Planning LLC Purchases New Position in iShares Core High Dividend ETF $HDV

Cornerstone Planning LLC purchased a new position in iShares Core High Dividend ETF (NYSEARCA:HDV) in the fourth quarter, Holdings Channel reports. The fund purchased 37,398 shares of the exchange traded fund’s stock, valued at approximately $4,567,000. iShares Core High Dividend ETF accounts for 1.0% of Cornerstone Planning LLC’s holdings, making the stock its 28th biggest holding.

A number of other hedge funds also recently bought and sold shares of HDV. Rakuten Securities Inc. increased its position in shares of iShares Core High Dividend ETF by 101.9% in the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 109 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF during the 4th quarter worth approximately $28,000. EQ Wealth Advisors LLC purchased a new stake in shares of iShares Core High Dividend ETF during the 4th quarter valued at approximately $40,000. Caitlin John LLC acquired a new position in iShares Core High Dividend ETF in the third quarter valued at approximately $42,000. Finally, Syntax Research Inc. lifted its holdings in iShares Core High Dividend ETF by 151.5% in the fourth quarter. Syntax Research Inc. now owns 415 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 250 shares during the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of iShares Core High Dividend ETF stock opened at $26.99 on Friday. The firm has a market capitalization of $13.37 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a fifty-two week low of $23.16 and a fifty-two week high of $28.18. The stock has a 50 day moving average of $27.20 and a 200 day moving average of $26.46.

iShares Core High Dividend ETF Company 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.