iShares Core High Dividend ETF $HDV Shares Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. boosted its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 123.7% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 74,410 shares of the exchange traded fund’s stock after buying an additional 41,154 shares during the period. Rakuten Investment Management Inc.’s holdings in iShares Core High Dividend ETF were worth $2,060,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Corient Private Wealth LLC lifted its stake in iShares Core High Dividend ETF by 195.8% during the fourth quarter. Corient Private Wealth LLC now owns 130,068 shares of the exchange traded fund’s stock worth $15,818,000 after purchasing an additional 86,089 shares during the last quarter. LPL Financial LLC increased its stake in iShares Core High Dividend ETF by 4.0% during the fourth quarter. LPL Financial LLC now owns 2,931,967 shares of the exchange traded fund’s stock valued at $356,557,000 after purchasing an additional 111,853 shares during the last quarter. 180 Wealth Advisors LLC increased its stake in iShares Core High Dividend ETF by 386.2% during the second quarter. 180 Wealth Advisors LLC now owns 54,616 shares of the exchange traded fund’s stock valued at $1,497,000 after purchasing an additional 43,383 shares during the last quarter. Gallagher Capital Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF during the first quarter worth $3,934,000. Finally, Janney Montgomery Scott LLC raised its holdings in shares of iShares Core High Dividend ETF by 5.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 830,428 shares of the exchange traded fund’s stock worth $100,988,000 after purchasing an additional 39,927 shares during the period.

iShares Core High Dividend ETF Stock Performance

iShares Core High Dividend ETF stock opened at $29.44 on Monday. The firm’s 50-day moving average is $28.53 and its 200-day moving average is $27.69. iShares Core High Dividend ETF has a 1 year low of $23.51 and a 1 year high of $30.13. The company has a market cap of $15.20 billion, a P/E ratio of 18.55 and a beta of 0.52.

iShares Core High Dividend ETF 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.