Independent Advisor Alliance Takes $921,000 Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Independent Advisor Alliance acquired a new position in iShares Core High Dividend ETF (NYSEARCA:HDVFree Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 8,206 shares of the exchange traded fund’s stock, valued at approximately $921,000.

Several other hedge funds have also recently bought and sold shares of the business. LPL Financial LLC lifted its stake in iShares Core High Dividend ETF by 13.7% in the 3rd quarter. LPL Financial LLC now owns 2,236,027 shares of the exchange traded fund’s stock worth $263,001,000 after acquiring an additional 268,992 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in iShares Core High Dividend ETF in the 4th quarter worth about $104,577,000. M&T Bank Corp lifted its stake in iShares Core High Dividend ETF by 1.5% in the 3rd quarter. M&T Bank Corp now owns 725,191 shares of the exchange traded fund’s stock worth $85,297,000 after acquiring an additional 10,768 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in iShares Core High Dividend ETF by 5.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 718,299 shares of the exchange traded fund’s stock worth $80,636,000 after acquiring an additional 37,697 shares in the last quarter. Finally, FMR LLC lifted its stake in iShares Core High Dividend ETF by 1.7% in the 3rd quarter. FMR LLC now owns 550,464 shares of the exchange traded fund’s stock worth $64,746,000 after acquiring an additional 9,033 shares in the last quarter.

iShares Core High Dividend ETF Trading Up 1.0 %

Shares of iShares Core High Dividend ETF stock opened at $118.96 on Friday. The stock has a 50-day moving average price of $116.33 and a 200 day moving average price of $116.97. The company has a market cap of $11.00 billion, a P/E ratio of 19.30 and a beta of 0.79. iShares Core High Dividend ETF has a 1 year low of $105.65 and a 1 year high of $122.50.

About iShares Core High Dividend ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding HDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core High Dividend ETF (NYSEARCA:HDVFree Report).

Institutional Ownership by Quarter for iShares Core High Dividend ETF (NYSEARCA:HDV)

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