iShares Core High Dividend ETF $HDV Stock Purchased by Foundry Financial Group Inc.

Foundry Financial Group Inc. increased its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 40.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 357,034 shares of the exchange traded fund’s stock after purchasing an additional 102,824 shares during the period. iShares Core High Dividend ETF makes up 4.1% of Foundry Financial Group Inc.’s investment portfolio, making the stock its 7th largest holding. Foundry Financial Group Inc.’s holdings in iShares Core High Dividend ETF were worth $9,983,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in iShares Core High Dividend ETF by 415.4% in the second quarter. Envestnet Asset Management Inc. now owns 6,135,794 shares of the exchange traded fund’s stock worth $168,182,000 after purchasing an additional 4,945,223 shares during the last quarter. IFP Advisors Inc grew its position in iShares Core High Dividend ETF by 867.0% in the 2nd quarter. IFP Advisors Inc now owns 1,219,092 shares of the exchange traded fund’s stock worth $33,415,000 after purchasing an additional 1,093,020 shares during the period. Allianz Asset Management GmbH grew its position in iShares Core High Dividend ETF by 201.2% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,377,900 shares of the exchange traded fund’s stock worth $37,768,000 after purchasing an additional 920,500 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in iShares Core High Dividend ETF by 317.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,080,660 shares of the exchange traded fund’s stock worth $29,621,000 after purchasing an additional 821,692 shares during the period. Finally, Integrated Wealth Concepts LLC raised its stake in iShares Core High Dividend ETF by 1,958.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 692,567 shares of the exchange traded fund’s stock valued at $18,983,000 after buying an additional 658,923 shares during the last quarter.

iShares Core High Dividend ETF Trading Up 1.6%

Shares of HDV opened at $30.70 on Friday. The firm has a market cap of $16.19 billion, a PE ratio of 18.55 and a beta of 0.53. The firm has a fifty day simple moving average of $29.24 and a two-hundred day simple moving average of $27.84. iShares Core High Dividend ETF has a 1-year low of $23.51 and a 1-year high of $30.71.

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.