Parker Investment Management LLC Purchases Shares of 3,980 iShares Core High Dividend ETF (NYSEARCA:HDV)

Parker Investment Management LLC acquired a new position in iShares Core High Dividend ETF (NYSEARCA:HDV) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 3,980 shares of the exchange traded fund’s stock, valued at approximately $468,000. iShares Core High Dividend ETF makes up 0.1% of Parker Investment Management LLC’s holdings, making the stock its 22nd largest holding.

Several other institutional investors have also modified their holdings of HDV. Providence Capital Advisors LLC acquired a new stake in iShares Core High Dividend ETF in the 3rd quarter valued at about $32,000. Chilton Capital Management LLC bought a new stake in iShares Core High Dividend ETF during the second quarter worth approximately $33,000. McClarren Financial Advisors Inc. grew its position in iShares Core High Dividend ETF by 53.5% in the third quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 116 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Core High Dividend ETF in the second quarter valued at $41,000. Finally, Hantz Financial Services Inc. bought a new position in shares of iShares Core High Dividend ETF in the second quarter valued at $48,000.

iShares Core High Dividend ETF Stock Down 0.2 %

HDV opened at $119.97 on Wednesday. The business has a fifty day simple moving average of $118.58 and a 200-day simple moving average of $114.57. The firm has a market cap of $11.33 billion, a PE ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a fifty-two week low of $99.75 and a fifty-two week high of $121.70.

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.