Centricity Wealth Management LLC Makes New $70,000 Investment in iShares Core High Dividend ETF (NYSEARCA:HDV)

Centricity Wealth Management LLC bought a new stake in iShares Core High Dividend ETF (NYSEARCA:HDV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 622 shares of the exchange traded fund’s stock, valued at approximately $70,000.

A number of other institutional investors and hedge funds have also made changes to their positions in HDV. Concurrent Investment Advisors LLC boosted its stake in shares of iShares Core High Dividend ETF by 88.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 5,135 shares of the exchange traded fund’s stock valued at $576,000 after buying an additional 2,415 shares in the last quarter. Wealth Alliance acquired a new stake in iShares Core High Dividend ETF in the fourth quarter valued at $1,629,000. Financial Perspectives Inc boosted its position in shares of iShares Core High Dividend ETF by 1.8% during the 4th quarter. Financial Perspectives Inc now owns 70,183 shares of the exchange traded fund’s stock worth $7,879,000 after purchasing an additional 1,271 shares in the last quarter. Flagstar Advisors Inc. boosted its position in shares of iShares Core High Dividend ETF by 7.2% during the 4th quarter. Flagstar Advisors Inc. now owns 6,589 shares of the exchange traded fund’s stock worth $740,000 after purchasing an additional 444 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of iShares Core High Dividend ETF by 10.9% during the 4th quarter. Global Retirement Partners LLC now owns 52,132 shares of the exchange traded fund’s stock worth $5,852,000 after purchasing an additional 5,133 shares during the period.

iShares Core High Dividend ETF Stock Up 0.3 %

Shares of NYSEARCA HDV opened at $119.94 on Friday. The stock has a market capitalization of $11.33 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 52 week low of $104.92 and a 52 week high of $121.70. The firm has a 50-day moving average price of $114.23 and a 200 day moving average price of $116.50.

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.