iShares Core High Dividend ETF (NYSEARCA:HDV) Stake Lifted by Kerntke Otto McGlone Wealth Management Group

Kerntke Otto McGlone Wealth Management Group raised its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 95,986 shares of the exchange traded fund’s stock after purchasing an additional 3,560 shares during the period. iShares Core High Dividend ETF comprises approximately 9.8% of Kerntke Otto McGlone Wealth Management Group’s holdings, making the stock its largest holding. Kerntke Otto McGlone Wealth Management Group owned about 0.09% of iShares Core High Dividend ETF worth $9,790,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of HDV. NTV Asset Management LLC raised its position in iShares Core High Dividend ETF by 9.5% in the fourth quarter. NTV Asset Management LLC now owns 91,559 shares of the exchange traded fund’s stock worth $9,338,000 after acquiring an additional 7,962 shares in the last quarter. Avidian Wealth Solutions LLC grew its stake in iShares Core High Dividend ETF by 68.9% in the fourth quarter. Avidian Wealth Solutions LLC now owns 4,529 shares of the exchange traded fund’s stock valued at $462,000 after purchasing an additional 1,847 shares in the last quarter. Vestmark Advisory Solutions Inc. acquired a new position in iShares Core High Dividend ETF in the fourth quarter worth approximately $364,000. ARS Wealth Advisors Group LLC raised its holdings in shares of iShares Core High Dividend ETF by 7.9% during the 4th quarter. ARS Wealth Advisors Group LLC now owns 3,261 shares of the exchange traded fund’s stock valued at $333,000 after purchasing an additional 239 shares in the last quarter. Finally, Signature Resources Capital Management LLC acquired a new stake in shares of iShares Core High Dividend ETF in the fourth quarter worth about $128,000.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA:HDV traded up $0.29 during midday trading on Friday, reaching $108.25. 229,004 shares of the company’s stock were exchanged, compared to its average volume of 549,956. iShares Core High Dividend ETF has a 12 month low of $93.46 and a 12 month high of $110.33. The company’s 50 day simple moving average is $107.90 and its two-hundred day simple moving average is $103.31. The firm has a market capitalization of $10.22 billion, a PE 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.