Strategic Financial Concepts LLC Increases Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Strategic Financial Concepts LLC grew its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 10,416.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 341,564 shares of the exchange traded fund’s stock after buying an additional 338,316 shares during the quarter. Strategic Financial Concepts LLC’s holdings in iShares Core High Dividend ETF were worth $38,344,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. purchased a new stake in iShares Core High Dividend ETF in the 4th quarter worth approximately $25,000. Providence Capital Advisors LLC bought a new position in shares of iShares Core High Dividend ETF during the third quarter valued at approximately $32,000. Westside Investment Management Inc. lifted its stake in iShares Core High Dividend ETF by 57.1% in the third 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 during the period. McClarren Financial Advisors Inc. boosted its holdings in iShares Core High Dividend ETF by 53.5% in the third quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 116 shares in the last quarter. Finally, YANKCOM Partnership purchased a new position in iShares Core High Dividend ETF during the 4th quarter valued at $45,000.

iShares Core High Dividend ETF Trading Down 0.2 %

NYSEARCA:HDV opened at $114.99 on Friday. The company has a 50-day moving average price of $114.34 and a 200-day moving average price of $116.22. The stock has a market cap of $10.86 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 12 month low of $102.31 and a 12 month high of $121.70.

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.