Wells Fargo & Company MN Boosts Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Wells Fargo & Company MN boosted its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 74.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,081,612 shares of the exchange traded fund’s stock after acquiring an additional 889,193 shares during the period. Wells Fargo & Company MN’s holdings in iShares Core High Dividend ETF were worth $233,682,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in shares of iShares Core High Dividend ETF in the 4th quarter valued at about $104,577,000. Orion Portfolio Solutions LLC increased 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 during the period. Strategic Financial Concepts LLC increased its position in iShares Core High Dividend ETF by 10,416.1% during the fourth quarter. Strategic Financial Concepts LLC now owns 341,564 shares of the exchange traded fund’s stock worth $38,344,000 after buying an additional 338,316 shares during the period. World Investment Advisors LLC purchased a new stake in iShares Core High Dividend ETF in the third quarter valued at approximately $28,952,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at approximately $26,271,000.

iShares Core High Dividend ETF Price Performance

Shares of iShares Core High Dividend ETF stock opened at $111.27 on Friday. The firm’s fifty day simple moving average is $118.03 and its 200-day simple moving average is $117.13. iShares Core High Dividend ETF has a 12 month low of $105.65 and a 12 month high of $122.50. The stock has a market capitalization of $10.46 billion, a price-to-earnings ratio of 19.62 and a beta of 0.71.

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.