Pinnacle Wealth Management Advisory Group LLC Purchases 1,875 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Pinnacle Wealth Management Advisory Group LLC grew its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 73.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,420 shares of the exchange traded fund’s stock after acquiring an additional 1,875 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Core High Dividend ETF were worth $496,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of HDV. Blue Trust Inc. bought a new position in iShares Core High Dividend ETF during the 4th quarter worth $25,000. Providence Capital Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF during the 3rd quarter worth $32,000. Westside Investment Management Inc. increased its position in shares of iShares Core High Dividend ETF by 57.1% in the third quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 108 shares during the period. McClarren Financial Advisors Inc. raised its stake in iShares Core High Dividend ETF by 53.5% in the third quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 116 shares in the last quarter. Finally, Roxbury Financial LLC bought a new stake in iShares Core High Dividend ETF during the fourth quarter worth about $42,000.

iShares Core High Dividend ETF Stock Down 0.4 %

Shares of iShares Core High Dividend ETF stock opened at $116.71 on Monday. The firm’s 50-day moving average price is $114.08 and its two-hundred day moving average price is $116.38. The company has a market capitalization of $11.02 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 12-month low of $103.11 and a 12-month high of $121.70.

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.