High Net Worth Advisory Group LLC Has $3.07 Million Position in iShares Core High Dividend ETF $HDV

High Net Worth Advisory Group LLC increased its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 396.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 111,976 shares of the exchange traded fund’s stock after acquiring an additional 89,418 shares during the quarter. High Net Worth Advisory Group LLC’s holdings in iShares Core High Dividend ETF were worth $3,069,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HDV. Rakuten Securities Inc. lifted its holdings in shares of iShares Core High Dividend ETF by 101.9% during the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 109 shares during the last quarter. Merkkuri Wealth Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF in the first quarter worth $26,000. Financial Management Professionals Inc. increased its position in iShares Core High Dividend ETF by 400.0% during the second quarter. Financial Management Professionals Inc. now owns 1,250 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 1,000 shares during the period. Caitlin John LLC raised its stake in iShares Core High Dividend ETF by 400.0% during the 2nd quarter. Caitlin John LLC now owns 1,725 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 1,380 shares during the last quarter. Finally, Roxbury Financial LLC raised its stake in iShares Core High Dividend ETF by 402.0% during the 2nd quarter. Roxbury Financial LLC now owns 1,797 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 1,439 shares during the last quarter.

iShares Core High Dividend ETF Price Performance

Shares of iShares Core High Dividend ETF stock opened at $29.70 on Friday. The company has a market cap of $15.34 billion, a PE ratio of 18.55 and a beta of 0.53. The firm has a fifty day moving average price of $28.72 and a two-hundred day moving average price of $27.74. iShares Core High Dividend ETF has a fifty-two week low of $23.51 and a fifty-two week high of $30.13.

iShares Core High Dividend ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 24th. Investors of record on Wednesday, August 19th were given a dividend of $0.1046 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is a boost from iShares Core High Dividend ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, August 19th.

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.