New Century Financial Group LLC Takes $912,000 Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

New Century Financial Group LLC acquired a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 7,755 shares of the exchange traded fund’s stock, valued at approximately $912,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HDV. Meiji Yasuda Life Insurance Co grew its holdings in iShares Core High Dividend ETF by 19.7% in the first quarter. Meiji Yasuda Life Insurance Co now owns 3,008,172 shares of the exchange traded fund’s stock worth $331,531,000 after purchasing an additional 495,944 shares during the last quarter. LPL Financial LLC grew its stake in iShares Core High Dividend ETF by 6.1% during the 2nd quarter. LPL Financial LLC now owns 1,967,035 shares of the exchange traded fund’s stock worth $213,817,000 after buying an additional 112,780 shares during the last quarter. Commonwealth Equity Services LLC increased its position in iShares Core High Dividend ETF by 0.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 795,914 shares of the exchange traded fund’s stock valued at $93,615,000 after buying an additional 7,222 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in iShares Core High Dividend ETF by 2.6% in the first quarter. Janney Montgomery Scott LLC now owns 647,251 shares of the exchange traded fund’s stock valued at $71,334,000 after buying an additional 16,579 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in iShares Core High Dividend ETF by 20.1% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 563,410 shares of the exchange traded fund’s stock worth $61,243,000 after acquiring an additional 94,152 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of HDV stock opened at $119.36 on Friday. The firm has a market capitalization of $11.27 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. The stock’s 50-day simple moving average is $117.35 and its 200-day simple moving average is $112.35. iShares Core High Dividend ETF has a fifty-two week low of $93.46 and a fifty-two week high of $119.74.

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.