NewEdge Advisors LLC Has $5.72 Million Stake in iShares Core High Dividend ETF $HDV

NewEdge Advisors LLC increased its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 462.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 208,811 shares of the exchange traded fund’s stock after purchasing an additional 171,712 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $5,723,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC increased its holdings in iShares Core High Dividend ETF by 4.0% in the 4th quarter. LPL Financial LLC now owns 2,931,967 shares of the exchange traded fund’s stock worth $356,557,000 after acquiring an additional 111,853 shares during the last quarter. Royal Bank of Canada lifted its holdings in iShares Core High Dividend ETF by 2.4% during the first quarter. Royal Bank of Canada now owns 1,282,003 shares of the exchange traded fund’s stock valued at $173,992,000 after purchasing an additional 30,442 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in iShares Core High Dividend ETF by 7.6% during the first quarter. Janney Montgomery Scott LLC now owns 893,886 shares of the exchange traded fund’s stock valued at $121,318,000 after purchasing an additional 63,458 shares during the last quarter. Cetera Investment Advisers boosted its position in iShares Core High Dividend ETF by 20.2% during the first quarter. Cetera Investment Advisers now owns 650,163 shares of the exchange traded fund’s stock worth $88,240,000 after purchasing an additional 109,151 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in iShares Core High Dividend ETF by 199.7% during the fourth quarter. BNP Paribas Financial Markets now owns 600,634 shares of the exchange traded fund’s stock worth $73,043,000 after purchasing an additional 400,223 shares during the period.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA HDV opened at $29.27 on Tuesday. The stock has a market cap of $15.12 billion, a PE ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a fifty-two week low of $23.51 and a fifty-two week high of $30.13. The stock has a fifty day moving average of $28.92 and a 200-day moving average of $27.82.

iShares Core High Dividend ETF Increases Dividend

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

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.