iShares Core High Dividend ETF (NYSEARCA:HDV) is Phoenix Wealth Advisors’ Largest Position

Phoenix Wealth Advisors boosted its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 21.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,811 shares of the exchange traded fund’s stock after buying an additional 12,415 shares during the quarter. iShares Core High Dividend ETF makes up approximately 5.0% of Phoenix Wealth Advisors’ investment portfolio, making the stock its biggest holding. Phoenix Wealth Advisors owned about 0.07% of iShares Core High Dividend ETF worth $7,230,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Financial Management Professionals Inc. purchased a new position in shares of iShares Core High Dividend ETF in the 4th quarter worth approximately $25,000. Russell Investments Group Ltd. purchased a new position in shares of iShares Core High Dividend ETF in the second quarter worth about $26,000. Tyler Stone Wealth Management purchased a new stake in iShares Core High Dividend ETF in the second quarter valued at approximately $29,000. Hazlett Burt & Watson Inc. acquired a new position in iShares Core High Dividend ETF in the 4th quarter worth approximately $39,000. Finally, Fortis Capital Advisors LLC acquired a new position in iShares Core High Dividend ETF in the 4th quarter worth approximately $42,000.

iShares Core High Dividend ETF Stock Up 0.2 %

Shares of HDV stock traded up $0.23 on Wednesday, hitting $106.08. The company had a trading volume of 76,780 shares, compared to its average volume of 592,686. iShares Core High Dividend ETF has a twelve month low of $93.46 and a twelve month high of $110.33. The firm has a market cap of $10.10 billion, a P/E ratio of 13.70 and a beta of 0.55. The company has a 50-day moving average price of $106.89 and a 200-day moving average price of $102.38.

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.