Keystone Financial Planning Inc. Has $2.59 Million Stock Holdings in iShares Core High Dividend ETF $HDV

Keystone Financial Planning Inc. boosted its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 360.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 94,568 shares of the exchange traded fund’s stock after buying an additional 74,038 shares during the quarter. iShares Core High Dividend ETF makes up approximately 0.7% of Keystone Financial Planning Inc.’s investment portfolio, making the stock its 22nd biggest holding. Keystone Financial Planning Inc.’s holdings in iShares Core High Dividend ETF were worth $2,592,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in HDV. Auto Owners Insurance Co grew its holdings in shares of iShares Core High Dividend ETF by 12,061.0% during the 4th quarter. Auto Owners Insurance Co now owns 2,894,318 shares of the exchange traded fund’s stock worth $35,198,000 after purchasing an additional 2,870,518 shares in the last quarter. IFP Advisors Inc raised its stake in shares of iShares Core High Dividend ETF by 867.0% in the second quarter. IFP Advisors Inc now owns 1,219,092 shares of the exchange traded fund’s stock valued at $33,415,000 after purchasing an additional 1,093,020 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of iShares Core High Dividend ETF by 201.2% in the second quarter. Allianz Asset Management GmbH now owns 1,377,900 shares of the exchange traded fund’s stock valued at $37,768,000 after purchasing an additional 920,500 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core High Dividend ETF by 317.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,080,660 shares of the exchange traded fund’s stock valued at $29,621,000 after purchasing an additional 821,692 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in iShares Core High Dividend ETF by 1,958.5% in the second quarter. Integrated Wealth Concepts LLC now owns 692,567 shares of the exchange traded fund’s stock worth $18,983,000 after purchasing an additional 658,923 shares during the period.

iShares Core High Dividend ETF Price Performance

HDV opened at $29.08 on Thursday. The company has a market capitalization of $15.02 billion, a P/E ratio of 18.55 and a beta of 0.53. The firm’s fifty day moving average price is $28.85 and its two-hundred day moving average price is $27.79. iShares Core High Dividend ETF has a fifty-two week low of $23.51 and a fifty-two week high of $30.13.

iShares Core High Dividend ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 24th. Shareholders of record on Wednesday, August 19th were paid a dividend of $0.1046 per share. This is a positive change 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.

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.