Cowa LLC Grows Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Cowa LLC lifted its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 1.9% during the fourth quarter, HoldingsChannel reports. The firm owned 53,698 shares of the exchange traded fund’s stock after purchasing an additional 1,025 shares during the quarter. iShares Core High Dividend ETF accounts for about 2.7% of Cowa LLC’s investment portfolio, making the stock its 9th biggest holding. Cowa LLC’s holdings in iShares Core High Dividend ETF were worth $6,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in HDV. Roman Butler Fullerton & Co. raised its stake in iShares Core High Dividend ETF by 2.4% in the 4th quarter. Roman Butler Fullerton & Co. now owns 3,819 shares of the exchange traded fund’s stock valued at $442,000 after acquiring an additional 88 shares during the period. Vicus Capital raised its stake in iShares Core High Dividend ETF by 2.2% in the 4th quarter. Vicus Capital now owns 4,467 shares of the exchange traded fund’s stock valued at $501,000 after acquiring an additional 95 shares during the period. Straight Path Wealth Management raised its stake in iShares Core High Dividend ETF by 1.1% in the 3rd quarter. Straight Path Wealth Management now owns 9,317 shares of the exchange traded fund’s stock valued at $1,096,000 after acquiring an additional 97 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares Core High Dividend ETF by 28.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 435 shares of the exchange traded fund’s stock valued at $49,000 after acquiring an additional 97 shares during the period. Finally, GPS Wealth Strategies Group LLC raised its stake in iShares Core High Dividend ETF by 7.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,516 shares of the exchange traded fund’s stock valued at $170,000 after acquiring an additional 99 shares during the period.

iShares Core High Dividend ETF Stock Performance

Shares of iShares Core High Dividend ETF stock opened at $119.94 on Friday. iShares Core High Dividend ETF has a 52-week low of $104.92 and a 52-week high of $121.70. The stock’s 50-day simple moving average is $114.23 and its 200 day simple moving average is $116.50. The stock has a market capitalization of $11.33 billion, a P/E ratio of 13.82 and a beta of 0.55.

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.