Waverly Advisors LLC Has $21.68 Million Position in iShares Core High Dividend ETF $HDV

Waverly Advisors LLC raised its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 390.0% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 791,070 shares of the exchange traded fund’s stock after purchasing an additional 629,612 shares during the period. Waverly Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $21,683,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HDV. Auto Owners Insurance Co grew its stake in iShares Core High Dividend ETF by 12,061.0% in the 4th quarter. Auto Owners Insurance Co now owns 2,894,318 shares of the exchange traded fund’s stock valued at $35,198,000 after purchasing an additional 2,870,518 shares during the period. Allianz Asset Management GmbH boosted its holdings in shares of iShares Core High Dividend ETF by 201.2% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,377,900 shares of the exchange traded fund’s stock worth $37,768,000 after buying an additional 920,500 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in 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 acquiring an additional 821,692 shares during the last quarter. HB Wealth Management LLC grew its holdings in iShares Core High Dividend ETF by 387.2% during the second quarter. HB Wealth Management LLC now owns 819,098 shares of the exchange traded fund’s stock valued at $22,451,000 after purchasing an additional 650,984 shares during the period. Finally, HighTower Advisors LLC grew its stake in shares of iShares Core High Dividend ETF by 397.6% during the 2nd quarter. HighTower Advisors LLC now owns 608,957 shares of the exchange traded fund’s stock worth $16,692,000 after acquiring an additional 486,567 shares during the period.

iShares Core High Dividend ETF Stock Down 0.7%

NYSEARCA HDV opened at $29.19 on Wednesday. The company’s 50 day moving average is $28.82 and its 200-day moving average is $27.78. The firm has a market cap of $15.07 billion, a P/E ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a 12-month low of $23.51 and a 12-month high of $30.13.

iShares Core High Dividend ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 24th. Investors of record on Wednesday, August 19th were given a dividend of $0.1046 per share. The ex-dividend date was Wednesday, August 19th. This is a positive change from iShares Core High Dividend ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a yield of 4.3%.

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.