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:HDV) 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

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.