Financial Advocates Investment Management Has $1.57 Million Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Financial Advocates Investment Management lifted its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,377 shares of the exchange traded fund’s stock after buying an additional 947 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares Core High Dividend ETF were worth $1,573,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Pinnacle Associates Ltd. grew its stake in shares of iShares Core High Dividend ETF by 13.1% in the third quarter. Pinnacle Associates Ltd. now owns 10,720 shares of the exchange traded fund’s stock valued at $1,261,000 after buying an additional 1,242 shares in the last quarter. Lodestar Private Asset Management LLC grew its stake in shares of iShares Core High Dividend ETF by 4.7% in the third quarter. Lodestar Private Asset Management LLC now owns 2,691 shares of the exchange traded fund’s stock valued at $316,000 after buying an additional 120 shares in the last quarter. Fortitude Family Office LLC bought a new position in shares of iShares Core High Dividend ETF in the third quarter valued at $245,000. Concord Wealth Partners grew its stake in shares of iShares Core High Dividend ETF by 6.4% in the third quarter. Concord Wealth Partners now owns 13,918 shares of the exchange traded fund’s stock valued at $1,637,000 after buying an additional 834 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in iShares Core High Dividend ETF by 27.5% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,080 shares of the exchange traded fund’s stock worth $598,000 after purchasing an additional 1,096 shares during the period.

iShares Core High Dividend ETF Price Performance

HDV stock opened at $117.74 on Friday. The company has a fifty day moving average price of $117.86 and a two-hundred day moving average price of $112.90. iShares Core High Dividend ETF has a one year low of $94.78 and a one year high of $119.74. The stock has a market cap of $11.12 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

About iShares Core High Dividend ETF

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.