DAVENPORT & Co LLC Raises Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

DAVENPORT & Co LLC boosted its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 4,833.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 165,613 shares of the exchange traded fund’s stock after buying an additional 162,256 shares during the quarter. DAVENPORT & Co LLC owned approximately 0.18% of iShares Core High Dividend ETF worth $18,252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of HDV. Financial Management Professionals Inc. bought a new position in iShares Core High Dividend ETF in the 4th quarter valued at $25,000. Wetzel Investment Advisors Inc. purchased a new position in iShares Core High Dividend ETF in the 4th quarter worth $26,000. Elevate Wealth Advisory Inc. purchased a new position in iShares Core High Dividend ETF in the 4th quarter worth $30,000. Hazlett Burt & Watson Inc. bought a new stake in iShares Core High Dividend ETF in the 4th quarter worth $39,000. Finally, Northwest Financial Advisors bought a new stake in iShares Core High Dividend ETF in the 4th quarter worth $42,000.

iShares Core High Dividend ETF Stock Up 0.8 %

Shares of HDV traded up $0.91 during trading hours on Thursday, reaching $109.43. 251,061 shares of the company traded hands, compared to its average volume of 452,294. The company’s fifty day moving average price is $108.93 and its two-hundred day moving average price is $106.86. The company has a market capitalization of $10.34 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 12 month low of $93.46 and a 12 month high of $111.72.

iShares Core High Dividend ETF Company 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.