MCF Advisors LLC Grows Stock Holdings in iShares Core High Dividend ETF $HDV

MCF Advisors LLC boosted its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 378.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,131 shares of the exchange traded fund’s stock after purchasing an additional 64,965 shares during the period. MCF Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $2,251,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HDV. Brighton Jones LLC purchased a new position in shares of iShares Core High Dividend ETF in the 4th quarter worth $342,000. AQR Capital Management LLC grew its holdings in shares of iShares Core High Dividend ETF by 6.1% in the first quarter. AQR Capital Management LLC now owns 5,047 shares of the exchange traded fund’s stock worth $611,000 after acquiring an additional 292 shares during the period. Goldman Sachs Group Inc. increased its position in iShares Core High Dividend ETF by 8.6% during the first quarter. Goldman Sachs Group Inc. now owns 103,679 shares of the exchange traded fund’s stock valued at $12,558,000 after acquiring an additional 8,223 shares during the last quarter. Baird Financial Group Inc. increased its position in iShares Core High Dividend ETF by 10.9% during the second quarter. Baird Financial Group Inc. now owns 25,693 shares of the exchange traded fund’s stock valued at $3,010,000 after acquiring an additional 2,517 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in iShares Core High Dividend ETF by 10.8% in the second quarter. NewEdge Advisors LLC now owns 30,413 shares of the exchange traded fund’s stock valued at $3,563,000 after acquiring an additional 2,954 shares during the period.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA:HDV opened at $29.08 on Thursday. The stock has a market capitalization of $15.02 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53. The stock’s 50-day simple moving average is $28.85 and its two-hundred day simple moving average is $27.79. iShares Core High Dividend ETF has a 52-week low of $23.51 and a 52-week high of $30.13.

iShares Core High Dividend ETF Increases Dividend

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

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.