Compass Financial Management LLC Acquires Shares of 21,981 iShares Core High Dividend ETF $HDV
by Kim Johansen · The Markets DailyCompass Financial Management LLC acquired a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 21,981 shares of the exchange traded fund’s stock, valued at approximately $603,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of HDV. Rakuten Securities Inc. grew its stake in shares of 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 valued at $25,000 after acquiring an additional 109 shares in the last quarter. Merkkuri Wealth Advisors LLC acquired a new stake in iShares Core High Dividend ETF in the 1st quarter worth about $26,000. Laurel Wealth Advisors LLC bought a new stake in iShares Core High Dividend ETF in the 4th quarter valued at about $28,000. Financial Management Professionals Inc. boosted its holdings in iShares Core High Dividend ETF by 400.0% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,250 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 1,000 shares during the period. Finally, EQ Wealth Advisors LLC bought a new stake in iShares Core High Dividend ETF in the 4th quarter valued at about $40,000.
iShares Core High Dividend ETF Price Performance
Shares of NYSEARCA:HDV opened at $29.81 on Monday. iShares Core High Dividend ETF has a 12-month low of $23.51 and a 12-month high of $30.13. The company’s 50 day moving average price is $28.28 and its two-hundred day moving average price is $27.60. The firm has a market cap of $15.39 billion, a PE ratio of 18.55 and a beta of 0.52.
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.
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