iShares Core High Dividend ETF (NYSEARCA:HDV) Sets New 52-Week High – Here’s What Happened

iShares Core High Dividend ETF (NYSEARCA:HDVGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $28.92 and last traded at $28.91, with a volume of 1573689 shares. The stock had previously closed at $28.75.

iShares Core High Dividend ETF Price Performance

The firm has a market cap of $14.56 billion, a PE ratio of 18.55 and a beta of 0.53. The firm has a 50-day simple moving average of $27.66 and a 200 day simple moving average of $27.08.

Institutional Investors Weigh In On iShares Core High Dividend ETF

Several hedge funds have recently bought and sold shares of HDV. Merkkuri Wealth Advisors LLC purchased a new stake in iShares Core High Dividend ETF in the first quarter worth about $26,000. Rakuten Securities Inc. lifted its holdings in shares of iShares Core High Dividend ETF by 101.9% during the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 109 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth approximately $28,000. EQ Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth approximately $40,000. Finally, Syntax Research Inc. grew its stake in shares of iShares Core High Dividend ETF by 151.5% in the 4th quarter. Syntax Research Inc. now owns 415 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 250 shares during the last quarter.

iShares Core High Dividend ETF Company Profile

(Get Free Report)

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.

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