Integrated Wealth Concepts LLC Has $18.98 Million Stake in iShares Core High Dividend ETF $HDV

Integrated Wealth Concepts LLC lifted its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 1,958.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 692,567 shares of the exchange traded fund’s stock after acquiring an additional 658,923 shares during the period. Integrated Wealth Concepts LLC’s holdings in iShares Core High Dividend ETF were worth $18,983,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Rakuten Securities Inc. boosted its position in iShares Core High Dividend ETF by 101.9% during the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 109 shares during the period. Merkkuri Wealth Advisors LLC acquired a new position in iShares Core High Dividend ETF during the first quarter valued at approximately $26,000. Community Bank N.A. raised its position in shares of iShares Core High Dividend ETF by 400.0% in the second quarter. Community Bank N.A. now owns 1,050 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 840 shares during the period. Financial Management Professionals Inc. raised its position in shares of iShares Core High Dividend ETF by 400.0% in the second 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, Caitlin John LLC lifted its stake in shares of iShares Core High Dividend ETF by 400.0% in the second quarter. Caitlin John LLC now owns 1,725 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 1,380 shares during the last quarter.

iShares Core High Dividend ETF Trading Down 0.4%

Shares of iShares Core High Dividend ETF stock opened at $29.08 on Thursday. The firm has a fifty day simple moving average of $28.85 and a 200-day simple moving average of $27.79. The stock has a market capitalization of $15.02 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a 1-year low of $23.51 and a 1-year high of $30.13.

iShares Core High Dividend ETF Increases Dividend

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

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.