Sovereign Financial Group Inc. Purchases 997 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Sovereign Financial Group Inc. boosted its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 21.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,542 shares of the exchange traded fund’s stock after buying an additional 997 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares Core High Dividend ETF were worth $622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of HDV. Raymond James & Associates boosted its stake in shares of iShares Core High Dividend ETF by 1.7% in the 3rd quarter. Raymond James & Associates now owns 266,194 shares of the exchange traded fund’s stock valued at $31,310,000 after purchasing an additional 4,400 shares in the last quarter. Park Avenue Securities LLC lifted its stake in iShares Core High Dividend ETF by 175.5% in the third quarter. Park Avenue Securities LLC now owns 26,485 shares of the exchange traded fund’s stock worth $3,115,000 after purchasing an additional 16,872 shares during the last quarter. OneDigital Investment Advisors LLC boosted its position in iShares Core High Dividend ETF by 3.0% during the third quarter. OneDigital Investment Advisors LLC now owns 10,497 shares of the exchange traded fund’s stock valued at $1,235,000 after buying an additional 303 shares during the period. M&T Bank Corp grew its stake in shares of iShares Core High Dividend ETF by 1.5% during the third quarter. M&T Bank Corp now owns 725,191 shares of the exchange traded fund’s stock valued at $85,297,000 after buying an additional 10,768 shares during the last quarter. Finally, Forefront Analytics LLC grew its stake in shares of iShares Core High Dividend ETF by 4.0% during the second quarter. Forefront Analytics LLC now owns 48,558 shares of the exchange traded fund’s stock valued at $5,279,000 after buying an additional 1,860 shares during the last quarter.

iShares Core High Dividend ETF Trading Up 0.8 %

NYSEARCA HDV opened at $112.79 on Wednesday. The firm has a market cap of $10.65 billion, a PE ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 1-year low of $101.06 and a 1-year high of $121.70. The stock has a 50-day moving average of $116.12 and a 200-day moving average of $115.65.

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.