Verus Capital Partners LLC Boosts Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Verus Capital Partners LLC boosted its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 94.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,963 shares of the exchange traded fund’s stock after acquiring an additional 2,415 shares during the period. Verus Capital Partners LLC’s holdings in iShares Core High Dividend ETF were worth $557,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. bought a new position in shares of iShares Core High Dividend ETF during the 4th quarter valued at approximately $25,000. Providence Capital Advisors LLC bought a new position in iShares Core High Dividend ETF during the third quarter valued at $32,000. Westside Investment Management Inc. grew its stake in shares of iShares Core High Dividend ETF by 57.1% in the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 108 shares in the last quarter. Roxbury Financial LLC bought a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth about $42,000. Finally, YANKCOM Partnership bought a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth about $45,000.

iShares Core High Dividend ETF Trading Up 1.1 %

Shares of NYSEARCA:HDV opened at $120.72 on Friday. The company 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 has a 12 month low of $105.27 and a 12 month high of $121.70. The company has a 50-day moving average price of $114.99 and a 200 day moving average price of $116.74.

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.