Fiduciary Group LLC Buys 3,890 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Fiduciary Group LLC raised its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 33.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 15,364 shares of the exchange traded fund’s stock after acquiring an additional 3,890 shares during the period. Fiduciary Group LLC’s holdings in iShares Core High Dividend ETF were worth $1,725,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. acquired a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at approximately $25,000. Providence First Trust Co acquired a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at approximately $30,000. Providence Capital Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF in the third quarter valued at approximately $32,000. Westside Investment Management Inc. raised its holdings in shares of iShares Core High Dividend ETF by 57.1% in the third 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 fourth quarter valued at approximately $42,000.

iShares Core High Dividend ETF Stock Up 0.4 %

NYSEARCA HDV opened at $119.52 on Thursday. iShares Core High Dividend ETF has a 12-month low of $105.65 and a 12-month high of $122.50. The company has a market capitalization of $11.05 billion, a PE ratio of 19.30 and a beta of 0.79. The firm’s 50 day moving average is $116.79 and its 200-day moving average is $117.01.

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.