Cove Private Wealth LLC Takes $344,000 Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Cove Private Wealth LLC purchased a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,062 shares of the exchange traded fund’s stock, valued at approximately $344,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Orion Portfolio Solutions LLC grew its holdings in shares of 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 valued at $56,418,000 after buying an additional 378,179 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of iShares Core High Dividend ETF by 13,316.2% in the third quarter. International Assets Investment Management LLC now owns 281,875 shares of the exchange traded fund’s stock worth $33,154,000 after purchasing an additional 279,774 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Core High Dividend ETF by 13.7% in the third quarter. LPL Financial LLC now owns 2,236,027 shares of the exchange traded fund’s stock valued at $263,001,000 after purchasing an additional 268,992 shares in the last quarter. World Investment Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF during the third quarter valued at approximately $28,952,000. Finally, Principal Securities Inc. grew its holdings in iShares Core High Dividend ETF by 705.5% during the third quarter. Principal Securities Inc. now owns 192,255 shares of the exchange traded fund’s stock worth $22,613,000 after buying an additional 168,388 shares in the last quarter.

iShares Core High Dividend ETF Trading Up 0.5 %

Shares of NYSEARCA:HDV opened at $114.90 on Monday. 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 market cap of $10.85 billion, a PE ratio of 13.82 and a beta of 0.55. The stock’s fifty day simple moving average is $115.71 and its two-hundred day simple moving average is $115.80.

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.