Kovack Advisors Inc. Grows Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Kovack Advisors Inc. grew its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 8.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,611 shares of the exchange traded fund’s stock after buying an additional 740 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares Core High Dividend ETF were worth $1,059,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. D.A. Davidson & CO. increased its holdings in iShares Core High Dividend ETF by 11.2% in the 4th quarter. D.A. Davidson & CO. now owns 22,213 shares of the exchange traded fund’s stock worth $2,266,000 after acquiring an additional 2,239 shares in the last quarter. Alpha Omega Wealth Management LLC increased its stake in shares of iShares Core High Dividend ETF by 2.1% in the fourth quarter. Alpha Omega Wealth Management LLC now owns 5,023 shares of the exchange traded fund’s stock worth $512,000 after purchasing an additional 103 shares in the last quarter. Financial Perspectives Inc raised its position in shares of iShares Core High Dividend ETF by 3.0% during the 4th quarter. Financial Perspectives Inc now owns 66,394 shares of the exchange traded fund’s stock valued at $6,771,000 after purchasing an additional 1,944 shares during the period. Nottingham Advisors Inc. lifted its stake in shares of iShares Core High Dividend ETF by 2.6% during the 4th quarter. Nottingham Advisors Inc. now owns 27,008 shares of the exchange traded fund’s stock valued at $2,755,000 after buying an additional 676 shares in the last quarter. Finally, Per Stirling Capital Management LLC. boosted its holdings in iShares Core High Dividend ETF by 1.6% in the 4th quarter. Per Stirling Capital Management LLC. now owns 11,721 shares of the exchange traded fund’s stock worth $1,195,000 after buying an additional 179 shares during the period.

iShares Core High Dividend ETF Stock Down 0.1 %

NYSEARCA:HDV opened at $108.19 on Friday. The business’s 50-day simple moving average is $108.95 and its two-hundred day simple moving average is $106.66. iShares Core High Dividend ETF has a 52 week low of $93.46 and a 52 week high of $111.72. The stock has a market cap of $10.22 billion, a PE ratio of 13.82 and a beta of 0.55.

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.