Rakuten Investment Management Inc. Purchases Shares of 16,628 iShares Core High Dividend ETF $HDV

Rakuten Investment Management Inc. acquired a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 16,628 shares of the exchange traded fund’s stock, valued at approximately $2,026,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its stake in iShares Core High Dividend ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock valued at $527,484,000 after purchasing an additional 155,098 shares during the period. JPMorgan Chase & Co. grew its position in iShares Core High Dividend ETF by 3.8% during the second quarter. JPMorgan Chase & Co. now owns 1,203,661 shares of the exchange traded fund’s stock worth $141,033,000 after buying an additional 43,852 shares during the period. Commonwealth Equity Services LLC increased its holdings in iShares Core High Dividend ETF by 5.9% in the second quarter. Commonwealth Equity Services LLC now owns 837,859 shares of the exchange traded fund’s stock valued at $98,172,000 after buying an additional 46,414 shares in the last quarter. Securian Asset Management Inc. increased its holdings in iShares Core High Dividend ETF by 2.0% in the third quarter. Securian Asset Management Inc. now owns 778,802 shares of the exchange traded fund’s stock valued at $95,364,000 after buying an additional 15,000 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in iShares Core High Dividend ETF by 3.4% during the second quarter. Janney Montgomery Scott LLC now owns 778,605 shares of the exchange traded fund’s stock worth $91,229,000 after purchasing an additional 25,519 shares in the last quarter.

iShares Core High Dividend ETF Trading Up 0.4%

NYSEARCA:HDV opened at $128.59 on Friday. The firm has a 50-day moving average price of $123.12 and a two-hundred day moving average price of $121.75. The company has a market capitalization of $12.54 billion, a P/E ratio of 18.55 and a beta of 0.64. iShares Core High Dividend ETF has a twelve month low of $106.00 and a twelve month high of $128.68.

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.