Cahill Financial Advisors Inc. Boosts Stake in iShares Core High Dividend ETF $HDV

Cahill Financial Advisors Inc. lifted its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 396.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 160,794 shares of the exchange traded fund’s stock after acquiring an additional 128,396 shares during the period. Cahill Financial Advisors Inc.’s holdings in iShares Core High Dividend ETF were worth $4,408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of HDV. Kestra Private Wealth Services LLC lifted its position in iShares Core High Dividend ETF by 0.6% during the first quarter. Kestra Private Wealth Services LLC now owns 13,404 shares of the exchange traded fund’s stock valued at $1,819,000 after purchasing an additional 80 shares in the last quarter. Plan A Wealth LLC increased its position in iShares Core High Dividend ETF by 4.7% in the fourth quarter. Plan A Wealth LLC now owns 1,893 shares of the exchange traded fund’s stock worth $230,000 after buying an additional 85 shares in the last quarter. Straight Path Wealth Management increased its position in iShares Core High Dividend ETF by 1.0% in the fourth quarter. Straight Path Wealth Management now owns 9,112 shares of the exchange traded fund’s stock worth $1,108,000 after buying an additional 93 shares in the last quarter. Rakuten Securities Inc. raised 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 worth $25,000 after buying an additional 109 shares during the period. Finally, Wellspring Financial Advisors LLC raised its stake in shares of iShares Core High Dividend ETF by 1.0% in the fourth quarter. Wellspring Financial Advisors LLC now owns 12,117 shares of the exchange traded fund’s stock worth $1,474,000 after buying an additional 121 shares during the period.

iShares Core High Dividend ETF Stock Down 0.4%

HDV stock opened at $29.08 on Thursday. iShares Core High Dividend ETF has a twelve month low of $23.51 and a twelve month high of $30.13. The stock has a market cap of $15.02 billion, a P/E ratio of 18.55 and a beta of 0.53. The business’s 50-day moving average price is $28.85 and its 200-day moving average price is $27.79.

iShares Core High Dividend ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 24th. Shareholders of record on Wednesday, August 19th were paid a dividend of $0.1046 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Wednesday, August 19th. This is a positive change from iShares Core High Dividend ETF’s previous monthly dividend of $0.09.

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.