Fifth Third Bancorp Acquires 164,704 Shares of iShares Core High Dividend ETF $HDV

Fifth Third Bancorp increased its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 5,060.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 167,959 shares of the exchange traded fund’s stock after purchasing an additional 164,704 shares during the quarter. Fifth Third Bancorp owned about 0.17% of iShares Core High Dividend ETF worth $22,795,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of HDV. Brighton Jones LLC acquired a new position in iShares Core High Dividend ETF during the 4th quarter worth $342,000. AQR Capital Management LLC increased its stake in shares of iShares Core High Dividend ETF by 6.1% in the 1st quarter. AQR Capital Management LLC now owns 5,047 shares of the exchange traded fund’s stock valued at $611,000 after buying an additional 292 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of iShares Core High Dividend ETF by 8.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 103,679 shares of the exchange traded fund’s stock valued at $12,558,000 after buying an additional 8,223 shares during the period. Baird Financial Group Inc. raised its position in shares of iShares Core High Dividend ETF by 10.9% during the second quarter. Baird Financial Group Inc. now owns 25,693 shares of the exchange traded fund’s stock worth $3,010,000 after acquiring an additional 2,517 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of iShares Core High Dividend ETF by 10.8% during the second quarter. NewEdge Advisors LLC now owns 30,413 shares of the exchange traded fund’s stock worth $3,563,000 after acquiring an additional 2,954 shares during the last quarter.

iShares Core High Dividend ETF Stock Up 0.8%

iShares Core High Dividend ETF stock opened at $27.93 on Tuesday. The business’s 50-day simple moving average is $27.47 and its 200 day simple moving average is $26.84. The stock has a market cap of $14.02 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a 12-month low of $23.51 and a 12-month high of $28.33.

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.