Clarity Financial LLC Takes $254,000 Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Clarity Financial LLC purchased a new stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 2,258 shares of the exchange traded fund’s stock, valued at approximately $254,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Orion Portfolio Solutions LLC raised its position in iShares Core High Dividend ETF by 372.6% during the third quarter. Orion Portfolio Solutions LLC now owns 479,666 shares of the exchange traded fund’s stock valued at $56,418,000 after purchasing an additional 378,179 shares during the period. International Assets Investment Management LLC raised its holdings in iShares Core High Dividend ETF by 13,316.2% during the 3rd quarter. International Assets Investment Management LLC now owns 281,875 shares of the exchange traded fund’s stock valued at $33,154,000 after buying an additional 279,774 shares during the period. LPL Financial LLC lifted its position in iShares Core High Dividend ETF by 13.7% in the third quarter. LPL Financial LLC now owns 2,236,027 shares of the exchange traded fund’s stock worth $263,001,000 after buying an additional 268,992 shares during the last quarter. World Investment Advisors LLC bought a new position in iShares Core High Dividend ETF during the third quarter valued at $28,952,000. Finally, Principal Securities Inc. raised its stake in shares of iShares Core High Dividend ETF by 705.5% in the third quarter. Principal Securities Inc. now owns 192,255 shares of the exchange traded fund’s stock valued at $22,613,000 after acquiring an additional 168,388 shares during the period.

iShares Core High Dividend ETF Trading Up 1.2 %

HDV stock opened at $115.80 on Friday. iShares Core High Dividend ETF has a 12 month low of $102.31 and a 12 month high of $121.70. The stock has a market cap of $10.94 billion, a PE ratio of 13.82 and a beta of 0.55. The company has a 50-day moving average price of $115.06 and a 200 day moving average price of $116.10.

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.