Biondo Investment Advisors LLC Has $1.31 Million Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Biondo Investment Advisors LLC reduced its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,669 shares of the exchange traded fund’s stock after selling 409 shares during the period. Biondo Investment Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $1,310,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of HDV. Raymond James Financial Inc. acquired a new position in iShares Core High Dividend ETF during the 4th quarter worth approximately $104,577,000. Orion Portfolio Solutions LLC boosted its holdings in iShares Core High Dividend ETF by 372.6% during the third quarter. Orion Portfolio Solutions LLC now owns 479,666 shares of the exchange traded fund’s stock worth $56,418,000 after purchasing an additional 378,179 shares during the last quarter. Strategic Financial Concepts LLC grew its position in iShares Core High Dividend ETF by 10,416.1% in the fourth quarter. Strategic Financial Concepts LLC now owns 341,564 shares of the exchange traded fund’s stock valued at $38,344,000 after purchasing an additional 338,316 shares in the last quarter. World Investment Advisors LLC acquired a new stake in iShares Core High Dividend ETF in the 3rd quarter valued at $28,952,000. Finally, SBI Securities Co. Ltd. bought a new stake in iShares Core High Dividend ETF during the 4th quarter worth about $26,271,000.

iShares Core High Dividend ETF Price Performance

Shares of NYSEARCA HDV opened at $119.48 on Friday. iShares Core High Dividend ETF has a fifty-two week low of $105.65 and a fifty-two week high of $122.50. The stock has a market capitalization of $11.05 billion, a price-to-earnings ratio of 19.30 and a beta of 0.79. The business has a 50-day moving average of $117.66 and a 200-day moving average of $117.09.

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.