American Wealth Advisors LLC Invests $747,000 in iShares Core High Dividend ETF $HDV

American Wealth Advisors LLC purchased a new stake in iShares Core High Dividend ETF (NYSEARCA:HDV) in the 3rd quarter, HoldingsChannel reports. The fund purchased 6,101 shares of the exchange traded fund’s stock, valued at approximately $747,000. iShares Core High Dividend ETF accounts for 0.7% of American Wealth Advisors LLC’s portfolio, making the stock its 17th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Rakuten Securities Inc. raised its holdings in iShares Core High Dividend ETF by 101.9% during the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 109 shares during the last quarter. EPG Wealth Management LLC bought a new stake in shares of iShares Core High Dividend ETF during the third quarter worth about $40,000. Caitlin John LLC bought a new stake in shares of iShares Core High Dividend ETF during the third quarter worth about $42,000. Rossmore Private Capital acquired a new stake in shares of iShares Core High Dividend ETF in the 3rd quarter worth about $43,000. Finally, First Command Advisory Services Inc. acquired a new stake in shares of iShares Core High Dividend ETF in the 3rd quarter worth about $48,000.

iShares Core High Dividend ETF Stock Performance

HDV stock opened at $137.92 on Thursday. The company has a market capitalization of $13.39 billion, a P/E ratio of 18.55 and a beta of 0.64. iShares Core High Dividend ETF has a 52-week low of $106.00 and a 52-week high of $140.89. The business has a 50-day simple moving average of $131.10 and a two-hundred day simple moving average of $125.06.

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.