Mount Yale Investment Advisors LLC Makes New Investment in iShares Core High Dividend ETF (NYSEARCA:HDV)

Mount Yale Investment Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 3,087 shares of the exchange traded fund’s stock, valued at approximately $347,000.

A number of other hedge funds have also made changes to their positions in the stock. LPL Financial LLC raised its holdings in 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 valued at $263,001,000 after acquiring an additional 268,992 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of iShares Core High Dividend ETF by 0.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 795,914 shares of the exchange traded fund’s stock valued at $93,615,000 after buying an additional 7,222 shares during the last quarter. M&T Bank Corp raised its stake in iShares Core High Dividend ETF by 1.5% during the third quarter. M&T Bank Corp now owns 725,191 shares of the exchange traded fund’s stock worth $85,297,000 after acquiring an additional 10,768 shares during the period. Janney Montgomery Scott LLC lifted its holdings in iShares Core High Dividend ETF by 5.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 718,299 shares of the exchange traded fund’s stock worth $80,636,000 after acquiring an additional 37,697 shares during the last quarter. Finally, FMR LLC boosted its stake in iShares Core High Dividend ETF by 1.7% in the third quarter. FMR LLC now owns 550,464 shares of the exchange traded fund’s stock valued at $64,746,000 after acquiring an additional 9,033 shares during the period.

iShares Core High Dividend ETF Trading Up 0.2 %

Shares of iShares Core High Dividend ETF stock opened at $114.47 on Thursday. The stock has a market capitalization of $10.81 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a twelve month low of $102.31 and a twelve month high of $121.70. The business’s 50 day simple moving average is $115.14 and its 200-day simple moving average is $116.10.

iShares Core High Dividend ETF 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.