Avidian Wealth Solutions LLC Buys 1,847 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Avidian Wealth Solutions LLC grew its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 68.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,529 shares of the exchange traded fund’s stock after buying an additional 1,847 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in iShares Core High Dividend ETF were worth $462,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Financial Management Professionals Inc. bought a new stake in shares of iShares Core High Dividend ETF in the 4th quarter valued at about $25,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares Core High Dividend ETF during the fourth quarter worth $26,000. Hazlett Burt & Watson Inc. bought a new position in iShares Core High Dividend ETF during the fourth quarter worth $39,000. Stephens Consulting LLC bought a new position in iShares Core High Dividend ETF during the fourth quarter worth $72,000. Finally, Fifth Third Bancorp lifted its holdings in iShares Core High Dividend ETF by 882.8% in the third quarter. Fifth Third Bancorp now owns 855 shares of the exchange traded fund’s stock valued at $85,000 after buying an additional 768 shares during the period.

iShares Core High Dividend ETF Stock Up 0.3 %

iShares Core High Dividend ETF stock traded up $0.31 during trading hours on Monday, reaching $108.56. 123,143 shares of the company’s stock were exchanged, compared to its average volume of 544,988. The firm’s 50 day simple moving average is $107.90 and its 200 day simple moving average is $103.38. iShares Core High Dividend ETF has a twelve month low of $93.46 and a twelve month high of $110.33. The firm has a market capitalization of $10.25 billion, a PE ratio of 13.82 and a beta of 0.55.

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.