LGL Partners LLC Raises Stake in iShares Core High Dividend ETF $HDV

LGL Partners LLC increased its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 923.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 25,742 shares of the exchange traded fund’s stock after acquiring an additional 23,226 shares during the period. iShares Core High Dividend ETF comprises about 0.3% of LGL Partners LLC’s holdings, making the stock its 29th biggest position. LGL Partners LLC’s holdings in iShares Core High Dividend ETF were worth $706,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE boosted its position in iShares Core High Dividend ETF by 3.6% during the second quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock worth $527,484,000 after acquiring an additional 155,098 shares during the last quarter. Morgan Stanley lifted its stake in shares of iShares Core High Dividend ETF by 1.8% during the 4th quarter. Morgan Stanley now owns 3,380,192 shares of the exchange traded fund’s stock worth $411,065,000 after purchasing an additional 59,258 shares during the period. LPL Financial LLC lifted its stake in shares of iShares Core High Dividend ETF by 4.0% during the 4th quarter. LPL Financial LLC now owns 2,931,967 shares of the exchange traded fund’s stock worth $356,557,000 after purchasing an additional 111,853 shares during the period. Auto Owners Insurance Co lifted its stake in shares of iShares Core High Dividend ETF by 12,061.0% during the 4th quarter. Auto Owners Insurance Co now owns 2,894,318 shares of the exchange traded fund’s stock worth $35,198,000 after purchasing an additional 2,870,518 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in shares of iShares Core High Dividend ETF by 12.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,546,611 shares of the exchange traded fund’s stock worth $188,083,000 after purchasing an additional 174,193 shares during the last quarter.

iShares Core High Dividend ETF Stock Up 0.2%

Shares of NYSEARCA:HDV opened at $29.50 on Tuesday. The company has a market cap of $15.23 billion, a P/E ratio of 18.55 and a beta of 0.52. iShares Core High Dividend ETF has a 52 week low of $23.51 and a 52 week high of $30.13. The business has a fifty day simple moving average of $28.58 and a 200-day simple moving average of $27.70.

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.