Macco Financial Group Inc. purchased a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 22,054 shares of the exchange traded fund’s stock, valued at approximately $617,000. iShares Core High Dividend ETF comprises about 0.4% of Macco Financial Group Inc.’s portfolio, making the stock its 17th largest position.
Other hedge funds have also recently modified their holdings of the company. Community Bank N.A. boosted its stake in iShares Core High Dividend ETF by 400.0% in the 2nd quarter. Community Bank N.A. now owns 1,050 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 840 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new stake in iShares Core High Dividend ETF during the 3rd quarter worth approximately $33,000. Financial Management Professionals Inc. grew its position in iShares Core High Dividend ETF by 400.0% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,250 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 1,000 shares during the last quarter. Caitlin John LLC grew its position in iShares Core High Dividend ETF by 400.0% during the 2nd quarter. Caitlin John LLC now owns 1,725 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 1,380 shares during the last quarter. Finally, Roxbury Financial LLC increased its stake in iShares Core High Dividend ETF by 402.0% during the 2nd quarter. Roxbury Financial LLC now owns 1,797 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 1,439 shares in the last quarter.
iShares Core High Dividend ETF Trading Up 0.2%
Shares of iShares Core High Dividend ETF stock opened at $30.62 on Wednesday. The firm’s 50 day simple moving average is $29.41 and its two-hundred day simple moving average is $28.06. The firm has a market capitalization of $16.21 billion, a price-to-earnings ratio of 18.55 and a beta of 0.51. iShares Core High Dividend ETF has a 12-month low of $24.04 and a 12-month high of $31.42.
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.
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