Godfrey Financial Associates Inc. Invests $7.47 Million in iShares Core High Dividend ETF $HDV

Godfrey Financial Associates Inc. bought a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 61,392 shares of the exchange traded fund’s stock, valued at approximately $7,466,000. iShares Core High Dividend ETF accounts for 6.3% of Godfrey Financial Associates Inc.’s investment portfolio, making the stock its 4th biggest position.

Other institutional investors have also modified their holdings of the company. Advisor OS LLC boosted its holdings in iShares Core High Dividend ETF by 7.5% in the 3rd quarter. Advisor OS LLC now owns 57,147 shares of the exchange traded fund’s stock worth $6,998,000 after acquiring an additional 3,989 shares during the period. American Wealth Advisors LLC purchased a new position in iShares Core High Dividend ETF in the 3rd quarter worth approximately $747,000. Bessemer Group Inc. boosted its holdings in iShares Core High Dividend ETF by 68.0% in the 3rd quarter. Bessemer Group Inc. now owns 22,390 shares of the exchange traded fund’s stock worth $2,741,000 after acquiring an additional 9,065 shares during the period. Tudor Investment Corp ET AL purchased a new position in iShares Core High Dividend ETF in the 3rd quarter worth approximately $886,000. Finally, Base Wealth Management LLC boosted its holdings in iShares Core High Dividend ETF by 9.2% in the 4th quarter. Base Wealth Management LLC now owns 68,775 shares of the exchange traded fund’s stock worth $8,364,000 after acquiring an additional 5,776 shares during the period.

iShares Core High Dividend ETF Stock Down 0.2%

NYSEARCA HDV opened at $27.58 on Thursday. The stock has a market cap of $13.66 billion, a PE ratio of 18.55 and a beta of 0.54. iShares Core High Dividend ETF has a fifty-two week low of $22.95 and a fifty-two week high of $28.18. The business has a 50 day moving average price of $27.03 and a two-hundred day moving average price of $26.12.

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.