iShares Core High Dividend ETF (NYSEARCA:HDV) Short Interest Update

iShares Core High Dividend ETF (NYSEARCA:HDV) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 426,441 shares, a drop of 29.6% from the January 29th total of 605,840 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 823,889 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 823,889 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Bank of America Corp DE lifted 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 valued at $527,484,000 after purchasing an additional 155,098 shares during the last quarter. Morgan Stanley raised its position 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 valued at $411,065,000 after buying an additional 59,258 shares in the last quarter. LPL Financial LLC raised its position 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 valued at $356,557,000 after buying an additional 111,853 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of iShares Core High Dividend ETF by 12.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,546,611 shares of the exchange traded fund’s stock worth $188,083,000 after acquiring an additional 174,193 shares during the last quarter. Finally, UBS Group AG grew its position in iShares Core High Dividend ETF by 4.5% in the fourth quarter. UBS Group AG now owns 1,461,075 shares of the exchange traded fund’s stock worth $177,681,000 after acquiring an additional 62,850 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

NYSEARCA HDV traded up $1.71 during trading on Friday, reaching $140.13. The company’s stock had a trading volume of 572,373 shares, compared to its average volume of 723,676. The firm has a fifty day moving average of $130.07 and a 200 day moving average of $124.69. iShares Core High Dividend ETF has a one year low of $106.00 and a one year high of $140.28. The stock has a market capitalization of $13.60 billion, a PE ratio of 18.55 and a beta of 0.64.

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.