iShares Core High Dividend ETF (NYSEARCA:HDV) Sees Significant Decrease in Short Interest

iShares Core High Dividend ETF (NYSEARCA:HDV) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 297,881 shares, a decline of 20.4% from the December 31st total of 374,170 shares. Based on an average trading volume of 948,223 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 948,223 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On iShares Core High Dividend ETF

Institutional investors and hedge funds have recently modified their holdings of the company. PFG Investments LLC grew its position in iShares Core High Dividend ETF by 0.7% in the 4th quarter. PFG Investments LLC now owns 11,718 shares of the exchange traded fund’s stock valued at $1,425,000 after acquiring an additional 80 shares in the last quarter. Beacon Investment Advisory Services Inc. boosted its stake in shares of iShares Core High Dividend ETF by 4.3% in the third quarter. Beacon Investment Advisory Services Inc. now owns 2,095 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 86 shares during the period. Jaffetilchin Investment Partners LLC grew its holdings in shares of iShares Core High Dividend ETF by 0.6% in the second quarter. Jaffetilchin Investment Partners LLC now owns 14,822 shares of the exchange traded fund’s stock valued at $1,737,000 after purchasing an additional 91 shares in the last quarter. MCF Advisors LLC increased its stake in iShares Core High Dividend ETF by 0.7% during the 3rd quarter. MCF Advisors LLC now owns 13,205 shares of the exchange traded fund’s stock worth $1,617,000 after buying an additional 91 shares during the period. Finally, Forefront Wealth Management Inc. increased its stake in iShares Core High Dividend ETF by 1.3% during the 3rd quarter. Forefront Wealth Management Inc. now owns 7,304 shares of the exchange traded fund’s stock worth $894,000 after buying an additional 97 shares during the period.

iShares Core High Dividend ETF Price Performance

Shares of NYSEARCA:HDV traded up $1.51 during mid-day trading on Friday, reaching $132.19. 618,059 shares of the company were exchanged, compared to its average volume of 787,218. iShares Core High Dividend ETF has a 1 year low of $106.00 and a 1 year high of $132.31. The firm’s 50-day simple moving average is $124.00 and its 200 day simple moving average is $122.15. The firm has a market cap of $12.86 billion, a price-to-earnings ratio of 18.55 and a beta of 0.64.

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.