iShares Core High Dividend ETF (NYSEARCA:HDV) Reaches New 1-Year High at $114.72

iShares Core High Dividend ETF (NYSEARCA:HDV)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $114.72 and last traded at $114.56, with a volume of 275745 shares traded. The stock had previously closed at $113.77.

iShares Core High Dividend ETF Stock Up 1.0 %

The business has a 50-day moving average of $109.44 and a 200-day moving average of $107.73. The stock has a market cap of $10.85 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

Hedge Funds Weigh In On iShares Core High Dividend ETF

A number of hedge funds have recently added to or reduced their stakes in HDV. Wetzel Investment Advisors Inc. bought a new stake in shares of iShares Core High Dividend ETF during the 4th quarter worth about $26,000. Elevate Wealth Advisory Inc. acquired a new stake in iShares Core High Dividend ETF in the 4th quarter worth approximately $30,000. Russell Investments Group Ltd. boosted its position in iShares Core High Dividend ETF by 56.4% during the first quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 128 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Core High Dividend ETF during the second quarter valued at approximately $41,000. Finally, Hazlett Burt & Watson Inc. bought a new position in shares of iShares Core High Dividend ETF in the fourth quarter valued at approximately $39,000.

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.