Jackson Wealth Management LLC Takes Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Jackson Wealth Management LLC acquired a new stake in iShares Core High Dividend ETF (NYSEARCA:HDV) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 24,175 shares of the exchange traded fund’s stock, valued at approximately $2,664,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HDV. Meiji Yasuda Life Insurance Co increased its position in iShares Core High Dividend ETF by 19.7% during the first quarter. Meiji Yasuda Life Insurance Co now owns 3,008,172 shares of the exchange traded fund’s stock worth $331,531,000 after buying an additional 495,944 shares during the period. Wells Fargo & Company MN increased 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 buying an additional 883,411 shares during the period. UBS Group AG increased its position in iShares Core High Dividend ETF by 1.5% during the fourth quarter. UBS Group AG now owns 1,625,554 shares of the exchange traded fund’s stock worth $165,790,000 after buying an additional 24,428 shares during the period. Janney Montgomery Scott LLC increased its position in iShares Core High Dividend ETF by 2.6% during the first quarter. Janney Montgomery Scott LLC now owns 647,251 shares of the exchange traded fund’s stock worth $71,334,000 after buying an additional 16,579 shares during the period. Finally, Federated Hermes Inc. increased 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 buying an additional 421,865 shares during the period.

iShares Core High Dividend ETF Stock Down 0.1 %

Shares of iShares Core High Dividend ETF stock traded down $0.17 during trading on Friday, reaching $114.37. The company’s stock had a trading volume of 487,668 shares, compared to its average volume of 447,440. iShares Core High Dividend ETF has a 12-month low of $93.46 and a 12-month high of $115.87. The company has a market capitalization of $10.80 billion, a P/E ratio of 13.82 and a beta of 0.55. The business has a 50 day moving average price of $109.81 and a 200-day moving average price of $108.02.

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.