iShares Core High Dividend ETF $HDV Holdings Raised by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC raised its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 404.9% in the second quarter, HoldingsChannel reports. The institutional investor owned 62,438 shares of the exchange traded fund’s stock after purchasing an additional 50,072 shares during the period. Cornerstone Advisors Asset Management LLC’s holdings in iShares Core High Dividend ETF were worth $1,711,000 as of its most recent SEC filing.

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

iShares Core High Dividend ETF Stock Down 1.0%

NYSEARCA HDV opened at $29.40 on Friday. The stock has a market capitalization of $15.18 billion, a PE ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a 12-month low of $23.51 and a 12-month high of $30.13. The company has a 50 day moving average price of $28.75 and a two-hundred day moving average price of $27.75.

iShares Core High Dividend ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 24th. Investors of record on Wednesday, August 19th were issued a $0.1046 dividend. This is a boost from iShares Core High Dividend ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Wednesday, August 19th.

iShares Core High Dividend ETF 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.