Auto Owners Insurance Co Acquires 2,870,518 Shares of iShares Core High Dividend ETF $HDV

Auto Owners Insurance Co lifted its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 12,061.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,894,318 shares of the exchange traded fund’s stock after acquiring an additional 2,870,518 shares during the quarter. Auto Owners Insurance Co’s holdings in iShares Core High Dividend ETF were worth $35,198,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. Advisor OS LLC raised its holdings in shares of iShares Core High Dividend ETF by 7.5% during the third quarter. Advisor OS LLC now owns 57,147 shares of the exchange traded fund’s stock valued at $6,998,000 after purchasing an additional 3,989 shares during the period. American Wealth Advisors LLC bought a new stake in iShares Core High Dividend ETF during the third quarter worth $747,000. Tudor Investment Corp ET AL purchased a new stake in iShares Core High Dividend ETF in the 3rd quarter valued at $886,000. Nations Financial Group Inc. IA ADV raised its position in iShares Core High Dividend ETF by 36.3% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 23,725 shares of the exchange traded fund’s stock valued at $2,885,000 after buying an additional 6,313 shares during the last quarter. Finally, Base Wealth Management LLC raised its position in iShares Core High Dividend ETF by 9.2% in the 4th quarter. Base Wealth Management LLC now owns 68,775 shares of the exchange traded fund’s stock valued at $8,364,000 after buying an additional 5,776 shares during the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA:HDV opened at $26.99 on Friday. The stock has a market cap of $13.37 billion, a PE ratio of 18.55 and a beta of 0.53. The stock’s fifty day simple moving average is $27.20 and its two-hundred day simple moving average is $26.46. iShares Core High Dividend ETF has a 1-year low of $23.16 and a 1-year high of $28.18.

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.