Ellis Investment Partners LLC Buys 3,063 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Ellis Investment Partners LLC grew its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 14.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 24,148 shares of the exchange traded fund’s stock after acquiring an additional 3,063 shares during the period. Ellis Investment Partners LLC’s holdings in iShares Core High Dividend ETF were worth $2,625,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vantage Financial Partners LLC purchased a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth about $507,000. Natixis Advisors L.P. grew its holdings in shares of iShares Core High Dividend ETF by 5.5% during the fourth quarter. Natixis Advisors L.P. now owns 14,332 shares of the exchange traded fund’s stock worth $1,461,000 after purchasing an additional 749 shares in the last quarter. Northwest Financial Advisors purchased a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth about $42,000. Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares Core High Dividend ETF by 2.8% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 17,131 shares of the exchange traded fund’s stock worth $1,747,000 after purchasing an additional 474 shares in the last quarter. Finally, Theory Financial LLC grew its holdings in shares of iShares Core High Dividend ETF by 4.0% during the fourth quarter. Theory Financial LLC now owns 36,706 shares of the exchange traded fund’s stock worth $3,744,000 after purchasing an additional 1,422 shares in the last quarter.

iShares Core High Dividend ETF Trading Down 0.6 %

Shares of NYSEARCA HDV opened at $116.17 on Friday. iShares Core High Dividend ETF has a 12 month low of $93.46 and a 12 month high of $119.07. The firm has a market capitalization of $10.97 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. The business has a 50-day moving average of $113.46 and a 200-day moving average of $110.15.

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.