Short Interest in iShares Core High Dividend ETF (NYSEARCA:HDV) Grows By 103.4%

iShares Core High Dividend ETF (NYSEARCA:HDV) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 605,840 shares, an increase of 103.4% from the January 15th total of 297,881 shares. Based on an average trading volume of 626,303 shares, the short-interest ratio is currently 1.0 days. Approximately 0.6% of the shares of the stock are sold short. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 626,303 shares, the short-interest ratio is currently 1.0 days.

iShares Core High Dividend ETF Stock Up 0.3%

Shares of HDV traded up $0.37 on Friday, reaching $138.76. The stock had a trading volume of 597,459 shares, compared to its average volume of 799,422. iShares Core High Dividend ETF has a twelve month low of $106.00 and a twelve month high of $140.05. The firm has a market capitalization of $13.47 billion, a PE ratio of 18.55 and a beta of 0.64. The firm has a 50-day moving average of $126.73 and a 200 day moving average of $123.34.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Jacobi Capital Management LLC grew its stake in iShares Core High Dividend ETF by 4.1% in the 4th quarter. Jacobi Capital Management LLC now owns 6,552 shares of the exchange traded fund’s stock valued at $797,000 after acquiring an additional 260 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of iShares Core High Dividend ETF by 7.1% in the fourth quarter. Kestra Advisory Services LLC now owns 185,484 shares of the exchange traded fund’s stock valued at $22,557,000 after purchasing an additional 12,353 shares during the last quarter. Johnson Investment Counsel Inc. grew its position in shares of iShares Core High Dividend ETF by 38.7% in the fourth quarter. Johnson Investment Counsel Inc. now owns 17,249 shares of the exchange traded fund’s stock valued at $2,098,000 after purchasing an additional 4,813 shares during the last quarter. Stifel Financial Corp increased its stake in shares of iShares Core High Dividend ETF by 4.1% during the 4th quarter. Stifel Financial Corp now owns 186,697 shares of the exchange traded fund’s stock worth $22,704,000 after purchasing an additional 7,420 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of iShares Core High Dividend ETF by 146.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 75,908 shares of the exchange traded fund’s stock worth $9,279,000 after purchasing an additional 45,132 shares during the last quarter.

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.