Principal Securities Inc. Makes New $2.36 Million Investment in iShares Core High Dividend ETF (NYSEARCA:HDV)

Principal Securities Inc. acquired a new stake in iShares Core High Dividend ETF (NYSEARCA:HDV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 23,175 shares of the exchange traded fund’s stock, valued at approximately $2,364,000.

Several other institutional investors have also recently added to or reduced their stakes in HDV. Meiji Yasuda Life Insurance Co grew its holdings in iShares Core High Dividend ETF by 105.3% in the 3rd quarter. Meiji Yasuda Life Insurance Co now owns 2,512,228 shares of the exchange traded fund’s stock valued at $248,434,000 after buying an additional 1,288,572 shares during the period. Federated Hermes Inc. grew its holdings in iShares Core High Dividend ETF by 449.7% in the fourth quarter. Federated Hermes Inc. now owns 515,674 shares of the exchange traded fund’s stock valued at $52,594,000 after purchasing an additional 421,865 shares during the period. International Assets Investment Management LLC increased its position in iShares Core High Dividend ETF by 9,226.2% during the fourth quarter. International Assets Investment Management LLC now owns 294,801 shares of the exchange traded fund’s stock worth $30,067,000 after purchasing an additional 291,640 shares during the last quarter. Prudential PLC purchased a new position in iShares Core High Dividend ETF during the third quarter worth approximately $28,163,000. Finally, Comerica Bank acquired a new position in shares of iShares Core High Dividend ETF in the 3rd quarter valued at $25,504,000.

iShares Core High Dividend ETF Stock Up 0.3 %

Shares of NYSEARCA HDV traded up $0.28 during trading on Friday, hitting $110.44. 151,624 shares of the company traded hands, compared to its average volume of 531,719. The firm has a market capitalization of $10.43 billion, a P/E ratio of 13.82 and a beta of 0.55. The company has a 50-day moving average price of $108.31 and a 200-day moving average price of $103.73. iShares Core High Dividend ETF has a 1 year low of $93.46 and a 1 year high of $110.54.

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.