LPL Financial LLC Increases Stock Holdings in iShares Core High Dividend ETF $HDV

LPL Financial LLC grew its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 4.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,931,967 shares of the exchange traded fund’s stock after purchasing an additional 111,853 shares during the period. LPL Financial LLC’s holdings in iShares Core High Dividend ETF were worth $356,557,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in HDV. BNP Paribas Financial Markets increased its position in shares of iShares Core High Dividend ETF by 199.7% in the fourth quarter. BNP Paribas Financial Markets now owns 600,634 shares of the exchange traded fund’s stock valued at $73,043,000 after buying an additional 400,223 shares in the last quarter. Bank of America Corp DE increased its position in shares of iShares Core High Dividend ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock valued at $527,484,000 after buying an additional 155,098 shares in the last quarter. Adirondack Capital Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF in the fourth quarter valued at $12,751,000. SteelPeak Wealth LLC purchased a new position in shares of iShares Core High Dividend ETF in the fourth quarter valued at $10,554,000. Finally, JPMorgan Chase & Co. increased its position in shares of iShares Core High Dividend ETF by 6.2% in the third quarter. JPMorgan Chase & Co. now owns 1,278,250 shares of the exchange traded fund’s stock valued at $156,522,000 after buying an additional 74,589 shares in the last quarter.

iShares Core High Dividend ETF Stock Down 0.4%

Shares of HDV stock opened at $27.37 on Tuesday. iShares Core High Dividend ETF has a fifty-two week low of $23.16 and a fifty-two week high of $28.18. The stock has a market cap of $13.55 billion, a P/E ratio of 18.55 and a beta of 0.53. The business has a fifty day simple moving average of $27.11 and a 200-day simple moving average of $26.29.

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.