Pines Wealth Management LLC Takes Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Pines Wealth Management LLC bought a new stake in iShares Core High Dividend ETF (NYSEARCA:HDV) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 2,143 shares of the exchange traded fund’s stock, valued at approximately $238,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Providence Capital Advisors LLC bought a new position in iShares Core High Dividend ETF in the 3rd quarter valued at about $32,000. Westside Investment Management Inc. boosted its stake in shares of iShares Core High Dividend ETF by 57.1% in the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 108 shares during the last quarter. McClarren Financial Advisors Inc. boosted its position 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 worth $39,000 after purchasing an additional 116 shares during the last quarter. Tompkins Financial Corp bought a new position in iShares Core High Dividend ETF during the third quarter valued at about $53,000. Finally, Eastern Bank bought a new position in shares of iShares Core High Dividend ETF during the 3rd quarter valued at approximately $64,000.

iShares Core High Dividend ETF Price Performance

NYSEARCA:HDV opened at $113.52 on Thursday. iShares Core High Dividend ETF has a 1 year low of $101.06 and a 1 year high of $121.70. The business has a fifty day simple moving average of $116.01 and a two-hundred day simple moving average of $115.68. The company has a market capitalization of $10.72 billion, a P/E ratio of 13.82 and a beta of 0.55.

About iShares Core High Dividend ETF

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.