iShares Core High Dividend ETF (NYSEARCA:HDV) Sets New 52-Week High – Time to Buy?

iShares Core High Dividend ETF (NYSEARCA:HDV – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $30.16 and last traded at $29.9450, with a volume of 578,151 shares changing hands. The stock had previously closed at $29.82.

iShares Core High Dividend ETF Stock Performance

The company has a market cap of $15.52 billion, a PE ratio of 18.55 and a beta of 0.53. The stock’s 50-day simple moving average is $29.12 and its 200 day simple moving average is $28.13.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Fifth Third Securities Inc. lifted its position in iShares Core High Dividend ETF by 6.2% in the third quarter. Fifth Third Securities Inc. now owns 60,253 shares of the exchange traded fund’s stock valued at $1,685,000 after purchasing an additional 3,498 shares during the period. Ironwood Financial llc increased its position in iShares Core High Dividend ETF by 4.0% during the 3rd quarter. Ironwood Financial llc now owns 110,657 shares of the exchange traded fund’s stock worth $3,094,000 after purchasing an additional 4,254 shares during the period. Integrated Advisors Network LLC increased its position in iShares Core High Dividend ETF by 12.5% during the 3rd quarter. Integrated Advisors Network LLC now owns 49,354 shares of the exchange traded fund’s stock worth $1,380,000 after purchasing an additional 5,492 shares during the period. Diversify Advisory Services LLC increased its position in iShares Core High Dividend ETF by 11.3% during the 3rd quarter. Diversify Advisory Services LLC now owns 138,365 shares of the exchange traded fund’s stock worth $4,096,000 after purchasing an additional 14,038 shares during the period. Finally, Tred Avon Family Wealth LLC increased its position in iShares Core High Dividend ETF by 256.5% during the 3rd quarter. Tred Avon Family Wealth LLC now owns 26,628 shares of the exchange traded fund’s stock worth $745,000 after purchasing an additional 19,159 shares during the period.

About iShares Core High Dividend ETF

(Get Free Report)

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.

Further Reading

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