Hanover Advisors Inc. Decreases Stock Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Hanover Advisors Inc. reduced its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 4.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,199 shares of the exchange traded fund’s stock after selling 151 shares during the period. Hanover Advisors Inc.’s holdings in iShares Core High Dividend ETF were worth $359,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of HDV. LPL Financial LLC grew 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 valued at $263,001,000 after purchasing an additional 268,992 shares in the last quarter. M&T Bank Corp grew its position in shares of iShares Core High Dividend ETF by 1.5% in the third quarter. M&T Bank Corp now owns 725,191 shares of the exchange traded fund’s stock valued at $85,297,000 after purchasing an additional 10,768 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of 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 valued at $80,636,000 after purchasing an additional 37,697 shares in the last quarter. FMR LLC grew its position in iShares Core High Dividend ETF by 1.7% during the third quarter. FMR LLC now owns 550,464 shares of the exchange traded fund’s stock worth $64,746,000 after buying an additional 9,033 shares in the last quarter. Finally, Orion Portfolio Solutions LLC grew its position in 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.

iShares Core High Dividend ETF Stock Up 1.1 %

iShares Core High Dividend ETF stock opened at $120.72 on Friday. iShares Core High Dividend ETF has a 52 week low of $105.27 and a 52 week high of $121.70. The business has a 50-day simple moving average of $114.99 and a 200 day simple moving average of $116.74. The stock has a market cap of $11.12 billion, a price-to-earnings ratio of 19.77 and a beta of 0.82.

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.