Valeo Financial Advisors LLC Increases Stock Position in iShares Core High Dividend ETF $HDV

Valeo Financial Advisors LLC grew its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 395.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 122,830 shares of the exchange traded fund’s stock after purchasing an additional 98,060 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $3,367,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Merkkuri Wealth Advisors LLC acquired a new position in iShares Core High Dividend ETF during the first quarter worth $26,000. Rakuten Securities Inc. raised its position in 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 worth $25,000 after acquiring an additional 109 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in iShares Core High Dividend ETF in the fourth quarter valued at $28,000. EQ Wealth Advisors LLC acquired a new stake in iShares Core High Dividend ETF in the fourth quarter valued at $40,000. Finally, Syntax Research Inc. boosted its position in shares of iShares Core High Dividend ETF by 151.5% during the 4th quarter. Syntax Research Inc. now owns 415 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 250 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA HDV opened at $28.78 on Monday. iShares Core High Dividend ETF has a one year low of $23.51 and a one year high of $29.61. The firm has a market capitalization of $14.86 billion, a P/E ratio of 18.55 and a beta of 0.52. The company’s fifty day moving average is $27.89 and its two-hundred day moving average is $27.35.

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.