HighTower Advisors LLC Has $16.69 Million Stock Holdings in iShares Core High Dividend ETF $HDV

HighTower Advisors LLC increased its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 397.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 608,957 shares of the exchange traded fund’s stock after purchasing an additional 486,567 shares during the quarter. HighTower Advisors LLC owned 0.12% of iShares Core High Dividend ETF worth $16,692,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Rakuten Securities Inc. boosted its holdings in shares of iShares Core High Dividend ETF by 101.9% in the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 109 shares during the period. Merkkuri Wealth Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF during the first quarter worth $26,000. Financial Management Professionals Inc. lifted its position in iShares Core High Dividend ETF by 400.0% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,250 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 1,000 shares in the last quarter. Caitlin John LLC lifted its position in iShares Core High Dividend ETF by 400.0% in the 2nd quarter. Caitlin John LLC now owns 1,725 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 1,380 shares in the last quarter. Finally, Roxbury Financial LLC boosted its stake in iShares Core High Dividend ETF by 402.0% in the 2nd quarter. Roxbury Financial LLC now owns 1,797 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 1,439 shares during the period.

iShares Core High Dividend ETF Trading Down 0.4%

HDV stock opened at $29.08 on Thursday. The stock has a 50-day moving average price of $28.85 and a two-hundred day moving average price of $27.79. The stock has a market cap of $15.02 billion, a PE ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a 1 year low of $23.51 and a 1 year high of $30.13.

iShares Core High Dividend ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 24th. Investors of record on Wednesday, August 19th were issued a dividend of $0.1046 per share. The ex-dividend date was Wednesday, August 19th. This is a boost from iShares Core High Dividend ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.