Shum Financial Group Inc. Acquires Shares of 3,094 iShares Core High Dividend ETF (NYSEARCA:HDV)

Shum Financial Group Inc. acquired a new stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,094 shares of the exchange traded fund’s stock, valued at approximately $369,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Chilton Capital Management LLC bought a new position in shares of iShares Core High Dividend ETF in the second quarter worth $33,000. McClarren Financial Advisors Inc. raised its position in iShares Core High Dividend ETF by 53.5% during the third quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 116 shares in the last quarter. Russell Investments Group Ltd. raised its position in iShares Core High Dividend ETF by 56.4% during the first quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 128 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Core High Dividend ETF during the second quarter valued at about $41,000. Finally, Hantz Financial Services Inc. purchased a new position in shares of iShares Core High Dividend ETF in the second quarter worth about $48,000.

iShares Core High Dividend ETF Stock Down 0.1 %

Shares of HDV traded down $0.11 during trading hours on Tuesday, hitting $120.53. The company had a trading volume of 26,711 shares, compared to its average volume of 437,144. The firm has a market cap of $11.38 billion, a P/E ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 52-week low of $98.17 and a 52-week high of $121.46. The stock’s 50 day moving average price is $118.29 and its 200 day moving average price is $114.22.

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.