iShares Core High Dividend ETF (NYSEARCA:HDV) Shares Purchased by Independent Wealth Network Inc.

Independent Wealth Network Inc. increased its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 13.2% in the 4th quarter, HoldingsChannel reports. The firm owned 4,208 shares of the exchange traded fund’s stock after buying an additional 492 shares during the quarter. Independent Wealth Network Inc.’s holdings in iShares Core High Dividend ETF were worth $472,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of HDV. Providence Capital Advisors LLC acquired a new position in iShares Core High Dividend ETF in the 3rd quarter valued at $32,000. Westside Investment Management Inc. grew its stake in shares of iShares Core High Dividend ETF by 57.1% during the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 108 shares during the period. McClarren Financial Advisors Inc. grew its stake in shares of iShares Core High Dividend ETF by 53.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 116 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares Core High Dividend ETF by 28.7% during 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 buying an additional 97 shares during the period. Finally, Tompkins Financial Corp purchased a new stake in shares of iShares Core High Dividend ETF during the 3rd quarter valued at $53,000.

iShares Core High Dividend ETF Trading Down 1.1 %

Shares of iShares Core High Dividend ETF stock opened at $114.03 on Thursday. The company has a fifty day moving average price of $115.50 and a 200 day moving average price of $115.89. iShares Core High Dividend ETF has a twelve month low of $102.31 and a twelve month high of $121.70. The stock has a market cap of $10.77 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

iShares Core High Dividend ETF 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.