Forefront Wealth Partners LLC Takes $4.67 Million Position in iShares Core High Dividend ETF $HDV

Forefront Wealth Partners LLC acquired a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 38,137 shares of the exchange traded fund’s stock, valued at approximately $4,670,000. iShares Core High Dividend ETF comprises 1.2% of Forefront Wealth Partners LLC’s portfolio, making the stock its 22nd largest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Diversified Trust Co purchased a new position in shares of iShares Core High Dividend ETF during the 3rd quarter valued at approximately $369,000. American Financial & Tax Strategies Inc. raised its stake in iShares Core High Dividend ETF by 6.0% during the third quarter. American Financial & Tax Strategies Inc. now owns 32,663 shares of the exchange traded fund’s stock valued at $4,000,000 after buying an additional 1,857 shares in the last quarter. Bravias Capital Group LLC acquired a new stake in iShares Core High Dividend ETF during the third quarter valued at approximately $410,000. Albion Financial Group UT lifted its holdings in iShares Core High Dividend ETF by 4.2% during the 3rd quarter. Albion Financial Group UT now owns 7,247 shares of the exchange traded fund’s stock worth $887,000 after buying an additional 293 shares during the last quarter. Finally, Goldstone Financial Group LLC grew its position in shares of iShares Core High Dividend ETF by 2.5% in the 3rd quarter. Goldstone Financial Group LLC now owns 20,857 shares of the exchange traded fund’s stock worth $2,554,000 after acquiring an additional 517 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA HDV opened at $122.24 on Wednesday. The company has a market capitalization of $11.55 billion, a price-to-earnings ratio of 18.55 and a beta of 0.64. iShares Core High Dividend ETF has a twelve month low of $106.00 and a twelve month high of $124.19. The business has a 50 day simple moving average of $121.57 and a 200-day simple moving average of $120.86.

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.