iShares Core High Dividend ETF (NYSEARCA:HDV) Sees Strong Trading Volume – Here’s Why

Shares of iShares Core High Dividend ETF (NYSEARCA:HDV) saw an uptick in trading volume on Monday . 477,763 shares traded hands during mid-day trading, an increase of 7% from the previous session’s volume of 446,451 shares.The stock last traded at $111.19 and had previously closed at $111.94.

iShares Core High Dividend ETF Price Performance

The company’s 50-day moving average price is $118.06 and its 200-day moving average price is $115.20. The company has a market cap of $10.52 billion, a P/E ratio of 13.82 and a beta of 0.55.

Institutional Trading of iShares Core High Dividend ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Orion Portfolio Solutions LLC grew its holdings in shares of iShares Core High Dividend ETF by 372.6% during the third quarter. Orion Portfolio Solutions LLC now owns 479,666 shares of the exchange traded fund’s stock worth $56,418,000 after buying an additional 378,179 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in iShares Core High Dividend ETF by 2,283.8% during the 2nd quarter. Strategic Financial Concepts LLC now owns 379,398 shares of the exchange traded fund’s stock worth $412,000 after acquiring an additional 363,482 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of iShares Core High Dividend ETF by 13,316.2% during the 3rd quarter. International Assets Investment Management LLC now owns 281,875 shares of the exchange traded fund’s stock worth $33,154,000 after acquiring an additional 279,774 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares Core High Dividend ETF by 13.7% in the third quarter. LPL Financial LLC now owns 2,236,027 shares of the exchange traded fund’s stock worth $263,001,000 after purchasing an additional 268,992 shares in the last quarter. Finally, World Investment Advisors LLC acquired a new position in iShares Core High Dividend ETF during the third quarter worth $28,952,000.

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.