Gallagher Capital Advisors LLC Buys Shares of 30,724 iShares Core High Dividend ETF (NYSEARCA:HDV)

Gallagher Capital Advisors LLC purchased a new stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 30,724 shares of the exchange traded fund’s stock, valued at approximately $3,449,000. iShares Core High Dividend ETF comprises about 2.5% of Gallagher Capital Advisors LLC’s holdings, making the stock its 16th biggest position.

A number of other institutional investors have also modified their holdings of HDV. Blue Trust Inc. bought a new position in shares of iShares Core High Dividend ETF during the 4th quarter worth approximately $25,000. Providence First Trust Co purchased a new position in iShares Core High Dividend ETF in the fourth quarter worth $30,000. Providence Capital Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF during the third quarter worth $32,000. Westside Investment Management Inc. lifted its holdings in shares of iShares Core High Dividend ETF by 57.1% during the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 108 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth $42,000.

iShares Core High Dividend ETF Price Performance

Shares of HDV stock opened at $120.26 on Monday. The stock’s fifty day moving average price is $115.67 and its 200 day moving average price is $116.91. iShares Core High Dividend ETF has a 1-year low of $105.65 and a 1-year high of $121.70. The company has a market cap of $11.08 billion, a price-to-earnings ratio of 19.77 and a beta of 0.82.

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.