NewEdge Wealth LLC Buys 19,584 Shares of iShares Core High Dividend ETF $HDV

NewEdge Wealth LLC grew its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 515.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,381 shares of the exchange traded fund’s stock after acquiring an additional 19,584 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Core High Dividend ETF were worth $2,843,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in HDV. Rakuten Securities Inc. boosted its holdings in 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 worth $25,000 after acquiring an additional 109 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in iShares Core High Dividend ETF in the fourth quarter worth about $28,000. EPG Wealth Management LLC acquired a new stake in iShares Core High Dividend ETF in the third quarter worth about $40,000. EQ Wealth Advisors LLC acquired a new stake in iShares Core High Dividend ETF in the fourth quarter worth about $40,000. Finally, Caitlin John LLC acquired a new stake in iShares Core High Dividend ETF in the third quarter worth about $42,000.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA HDV opened at $27.20 on Wednesday. The company has a market cap of $13.47 billion, a PE ratio of 18.55 and a beta of 0.54. The business has a 50-day simple moving average of $26.97 and a two-hundred day simple moving average of $25.84. iShares Core High Dividend ETF has a fifty-two week low of $22.65 and a fifty-two week high of $28.18.

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.