Cahill Financial Advisors Inc. Buys 128,396 Shares of iShares Core High Dividend ETF $HDV

Cahill Financial Advisors Inc. increased its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 396.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 160,794 shares of the exchange traded fund’s stock after purchasing an additional 128,396 shares during the period. Cahill Financial Advisors Inc.’s holdings in iShares Core High Dividend ETF were worth $4,408,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Rakuten Securities Inc. raised its stake in iShares Core High Dividend ETF by 101.9% during the 2nd quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 109 shares during the last quarter. Merkkuri Wealth Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF in the 1st quarter worth $26,000. Community Bank N.A. boosted its stake in shares of iShares Core High Dividend ETF by 400.0% in the 2nd quarter. Community Bank N.A. now owns 1,050 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 840 shares during the last quarter. Financial Management Professionals Inc. grew its holdings in shares of iShares Core High Dividend ETF by 400.0% in 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. Finally, Caitlin John LLC grew its holdings in shares of iShares Core High Dividend ETF by 400.0% in the second quarter. Caitlin John LLC now owns 1,725 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 1,380 shares during the period.

iShares Core High Dividend ETF Stock Performance

iShares Core High Dividend ETF stock opened at $29.08 on Thursday. The stock has a market cap of $15.02 billion, a PE ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a one year low of $23.51 and a one year high of $30.13. The stock has a fifty day moving average of $28.85 and a 200 day moving average of $27.79.

iShares Core High Dividend ETF Increases Dividend

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

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.