Valley National Advisers Inc. Boosts Stock Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Valley National Advisers Inc. boosted its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 17.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,315 shares of the exchange traded fund’s stock after buying an additional 198 shares during the period. Valley National Advisers Inc.’s holdings in iShares Core High Dividend ETF were worth $144,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Wells Fargo & Company MN lifted its holdings in iShares Core High Dividend ETF by 48.7% in the fourth quarter. Wells Fargo & Company MN now owns 2,697,776 shares of the exchange traded fund’s stock worth $275,146,000 after buying an additional 883,411 shares during the period. UBS Group AG lifted its holdings in iShares Core High Dividend ETF by 1.5% in the fourth quarter. UBS Group AG now owns 1,625,554 shares of the exchange traded fund’s stock worth $165,790,000 after buying an additional 24,428 shares during the period. Janney Montgomery Scott LLC lifted its holdings in iShares Core High Dividend ETF by 5.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 630,672 shares of the exchange traded fund’s stock worth $64,322,000 after buying an additional 30,282 shares during the period. Federated Hermes Inc. lifted its holdings in iShares Core High Dividend ETF by 449.7% in the fourth quarter. Federated Hermes Inc. now owns 515,674 shares of the exchange traded fund’s stock worth $52,594,000 after buying an additional 421,865 shares during the period. Finally, Townsend & Associates Inc lifted its holdings in iShares Core High Dividend ETF by 1.8% in the fourth quarter. Townsend & Associates Inc now owns 354,734 shares of the exchange traded fund’s stock worth $36,321,000 after buying an additional 6,392 shares during the period.

iShares Core High Dividend ETF Price Performance

HDV traded down $0.16 on Wednesday, hitting $108.19. The company had a trading volume of 236,667 shares, compared to its average volume of 460,902. The stock has a fifty day simple moving average of $108.97 and a 200-day simple moving average of $106.65. iShares Core High Dividend ETF has a 52-week low of $93.46 and a 52-week high of $111.72. The firm has a market capitalization of $10.22 billion, a P/E ratio of 13.82 and a beta of 0.55.

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.