Tidal Investments LLC Purchases Shares of 105,698 iShares Core High Dividend ETF $HDV

Tidal Investments LLC acquired a new stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the 2nd quarter, Holdings Channel reports. The fund acquired 105,698 shares of the exchange traded fund’s stock, valued at approximately $2,897,000.

Several other hedge funds also recently bought and sold shares of HDV. Merkkuri Wealth Advisors LLC bought a new position in shares of iShares Core High Dividend ETF in the 1st quarter valued at about $26,000. Park National Corp OH bought a new stake in iShares Core High Dividend ETF during the first quarter worth approximately $59,000. Dynamic Wealth Strategies LLC purchased a new stake in iShares Core High Dividend ETF during the first quarter valued at approximately $61,000. Bartlett & CO. Wealth Management LLC raised its position in iShares Core High Dividend ETF by 400.0% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 580 shares of the exchange traded fund’s stock valued at $79,000 after purchasing an additional 464 shares during the period. Finally, Ballast Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF in the 1st quarter valued at approximately $90,000.

iShares Core High Dividend ETF Stock Performance

Shares of iShares Core High Dividend ETF stock opened at $29.29 on Wednesday. The stock has a market cap of $15.24 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53. The stock has a 50 day moving average price of $28.95 and a 200-day moving average price of $27.83. iShares Core High Dividend ETF has a one year low of $23.51 and a one year high of $30.13.

iShares Core High Dividend ETF Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Wednesday, August 19th. This is a positive change from iShares Core High Dividend ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a yield of 4.3%.

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.