Patten Group Inc. Raises Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Patten Group Inc. boosted its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 22.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 9,668 shares of the exchange traded fund’s stock after buying an additional 1,798 shares during the period. Patten Group Inc.’s holdings in iShares Core High Dividend ETF were worth $1,085,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. acquired a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth about $25,000. Providence First Trust Co purchased a new stake in shares of iShares Core High Dividend ETF during the 4th quarter valued at about $30,000. Providence Capital Advisors LLC acquired a new position in iShares Core High Dividend ETF during the 3rd quarter worth approximately $32,000. Westside Investment Management Inc. lifted its position in iShares Core High Dividend ETF by 57.1% during the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 108 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new position in iShares Core High Dividend ETF in the 4th quarter worth approximately $42,000.

iShares Core High Dividend ETF Stock Down 0.2 %

HDV opened at $120.44 on Tuesday. The firm’s 50 day moving average is $115.16 and its 200-day moving average is $116.81. iShares Core High Dividend ETF has a 52-week low of $105.47 and a 52-week high of $121.70. The firm has a market capitalization of $11.10 billion, a P/E 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.