Fiduciary Trust Co Buys Shares of 5,384 iShares Core High Dividend ETF (NYSEARCA:HDV)

Fiduciary Trust Co purchased a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,384 shares of the exchange traded fund’s stock, valued at approximately $633,000.

Other hedge funds have also recently modified their holdings of the company. Russell Investments Group Ltd. raised its position in iShares Core High Dividend ETF by 56.4% during the 1st quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 128 shares during the last quarter. Tidal Investments LLC acquired a new stake in iShares Core High Dividend ETF in the first quarter valued at about $1,848,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Core High Dividend ETF in the 2nd quarter valued at approximately $41,000. Mather Group LLC. increased its position in iShares Core High Dividend ETF by 254.1% during the 2nd quarter. Mather Group LLC. now owns 2,670 shares of the exchange traded fund’s stock worth $294,000 after purchasing an additional 1,916 shares during the period. Finally, Park Avenue Securities LLC raised its stake in shares of iShares Core High Dividend ETF by 22.4% during the 2nd quarter. Park Avenue Securities LLC now owns 9,613 shares of the exchange traded fund’s stock worth $1,045,000 after buying an additional 1,758 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

HDV opened at $121.28 on Friday. iShares Core High Dividend ETF has a 12 month low of $98.86 and a 12 month high of $121.70. The stock has a market capitalization of $11.45 billion, a P/E ratio of 13.82 and a beta of 0.55. The business has a 50 day simple moving average of $118.55 and a 200-day simple moving average of $114.46.

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.