Shum Financial Group Inc. Invests $369,000 in iShares Core High Dividend ETF (NYSEARCA:HDV)

Shum Financial Group Inc. purchased a new position in iShares Core High Dividend ETF (NYSEARCA:HDV) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,094 shares of the exchange traded fund’s stock, valued at approximately $369,000.

A number of other hedge funds have also recently made changes to their positions in HDV. FMR LLC raised its holdings in iShares Core High Dividend ETF by 1.7% in the 3rd quarter. FMR LLC now owns 550,464 shares of the exchange traded fund’s stock worth $64,746,000 after acquiring an additional 9,033 shares during the last quarter. Private Trust Co. NA raised its holdings in iShares Core High Dividend ETF by 9.3% in the 3rd quarter. Private Trust Co. NA now owns 7,170 shares of the exchange traded fund’s stock worth $843,000 after acquiring an additional 610 shares during the last quarter. Centaurus Financial Inc. raised its holdings in iShares Core High Dividend ETF by 28.1% in the 3rd quarter. Centaurus Financial Inc. now owns 1,486 shares of the exchange traded fund’s stock worth $175,000 after acquiring an additional 326 shares during the last quarter. StoneX Group Inc. raised its holdings in iShares Core High Dividend ETF by 2.8% in the 3rd quarter. StoneX Group Inc. now owns 36,738 shares of the exchange traded fund’s stock worth $4,321,000 after acquiring an additional 1,006 shares during the last quarter. Finally, Lane & Associates LLC raised its holdings in iShares Core High Dividend ETF by 10.1% in the 3rd quarter. Lane & Associates LLC now owns 21,193 shares of the exchange traded fund’s stock worth $2,493,000 after acquiring an additional 1,939 shares during the last quarter.

iShares Core High Dividend ETF Price Performance

NYSEARCA HDV traded down $0.11 during mid-day trading on Tuesday, reaching $120.53. The stock had a trading volume of 26,711 shares, compared to its average volume of 437,144. iShares Core High Dividend ETF has a 1 year low of $98.17 and a 1 year high of $121.46. The stock has a market cap of $11.38 billion, a PE ratio of 13.82 and a beta of 0.55. The company has a fifty day moving average price of $118.29 and a 200 day moving average price of $114.22.

iShares Core High Dividend ETF Company 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.