Valley National Advisers Inc. Boosts Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Valley National Advisers Inc. raised its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 17.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,315 shares of the exchange traded fund’s stock after purchasing an additional 198 shares during the period. Valley National Advisers Inc.’s holdings in iShares Core High Dividend ETF were worth $144,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its position in iShares Core High Dividend ETF by 48.7% during the fourth quarter. Wells Fargo & Company MN now owns 2,697,776 shares of the exchange traded fund’s stock worth $275,146,000 after acquiring an additional 883,411 shares during the last quarter. Federated Hermes Inc. boosted its position in iShares Core High Dividend ETF by 449.7% during the fourth quarter. Federated Hermes Inc. now owns 515,674 shares of the exchange traded fund’s stock worth $52,594,000 after acquiring an additional 421,865 shares during the last quarter. International Assets Investment Management LLC boosted its position in iShares Core High Dividend ETF by 9,226.2% during the fourth quarter. International Assets Investment Management LLC now owns 294,801 shares of the exchange traded fund’s stock worth $30,067,000 after acquiring an additional 291,640 shares during the last quarter. Comerica Bank acquired a new position in iShares Core High Dividend ETF during the third quarter worth about $25,504,000. Finally, McElhenny Sheffield Capital Management LLC acquired a new position in iShares Core High Dividend ETF during the fourth quarter worth about $16,108,000.

iShares Core High Dividend ETF Price Performance

HDV traded down $0.16 on Wednesday, reaching $108.19. 236,667 shares of the company’s stock were exchanged, compared to its average volume of 460,902. The stock has a market cap of $10.22 billion, a PE ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a twelve month low of $93.46 and a twelve month high of $111.72. The stock’s fifty day moving average price is $108.97 and its 200-day moving average price is $106.65.

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.