37,760 Shares in iShares Core High Dividend ETF $HDV Acquired by Convergence Financial LLC

Convergence Financial LLC bought a new stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 37,760 shares of the exchange traded fund’s stock, valued at approximately $4,592,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Rakuten Securities Inc. lifted its position in iShares Core High Dividend ETF by 101.9% in the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 109 shares during the period. Laurel Wealth Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF during the 4th quarter valued at $28,000. EQ Wealth Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF during the 4th quarter valued at $40,000. Caitlin John LLC bought a new stake in shares of iShares Core High Dividend ETF in the 3rd quarter worth $42,000. Finally, Syntax Research Inc. raised its stake in shares of iShares Core High Dividend ETF by 151.5% in the 4th quarter. Syntax Research Inc. now owns 415 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 250 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

NYSEARCA HDV opened at $27.43 on Friday. iShares Core High Dividend ETF has a 12 month low of $23.10 and a 12 month high of $28.18. The company has a market capitalization of $13.58 billion, a P/E ratio of 18.55 and a beta of 0.53. The company’s 50 day simple moving average is $27.09 and its 200 day simple moving average is $26.25.

iShares Core High Dividend ETF Company 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.