iShares Core High Dividend ETF $HDV Shares Purchased by Beacon Financial Group

Beacon Financial Group raised its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 1,120.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,771 shares of the exchange traded fund’s stock after acquiring an additional 24,577 shares during the quarter. Beacon Financial Group’s holdings in iShares Core High Dividend ETF were worth $3,633,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Kestra Advisory Services LLC lifted its stake in shares of iShares Core High Dividend ETF by 10.5% in the 1st quarter. Kestra Advisory Services LLC now owns 204,873 shares of the exchange traded fund’s stock valued at $27,805,000 after purchasing an additional 19,389 shares during the period. Money Concepts Capital Corp grew its position in iShares Core High Dividend ETF by 10.8% during the first quarter. Money Concepts Capital Corp now owns 6,127 shares of the exchange traded fund’s stock valued at $832,000 after buying an additional 596 shares during the period. Base Wealth Management LLC grew its position in iShares Core High Dividend ETF by 2.7% during the first quarter. Base Wealth Management LLC now owns 70,642 shares of the exchange traded fund’s stock valued at $9,587,000 after buying an additional 1,867 shares during the period. Quantum Portfolio Management LLC increased its holdings in iShares Core High Dividend ETF by 98.3% in the first quarter. Quantum Portfolio Management LLC now owns 5,979 shares of the exchange traded fund’s stock valued at $811,000 after buying an additional 2,964 shares in the last quarter. Finally, Arbor Trust Wealth Advisors LLC purchased a new position in iShares Core High Dividend ETF in the first quarter valued at $202,000.

iShares Core High Dividend ETF Stock Down 1.0%

HDV stock opened at $27.58 on Friday. The company’s 50-day simple moving average is $27.44 and its 200-day simple moving average is $26.79. iShares Core High Dividend ETF has a 52-week low of $23.51 and a 52-week high of $28.33. The firm has a market cap of $13.76 billion, a P/E ratio of 18.55 and a beta of 0.53.

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.