Beacon Bank & Trust Has $1.44 Million Position in iShares Core High Dividend ETF $HDV

Beacon Bank & Trust lifted its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 373.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,660 shares of the exchange traded fund’s stock after buying an additional 41,545 shares during the period. Beacon Bank & Trust’s holdings in iShares Core High Dividend ETF were worth $1,443,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of iShares Core High Dividend ETF by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock valued at $527,484,000 after purchasing an additional 155,098 shares in the last quarter. Morgan Stanley grew its position in iShares Core High Dividend ETF by 1.8% during the fourth quarter. Morgan Stanley now owns 3,380,192 shares of the exchange traded fund’s stock worth $411,065,000 after buying an additional 59,258 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Core High Dividend ETF by 4.0% in the 4th quarter. LPL Financial LLC now owns 2,931,967 shares of the exchange traded fund’s stock valued at $356,557,000 after purchasing an additional 111,853 shares in the last quarter. Auto Owners Insurance Co boosted its holdings in shares of iShares Core High Dividend ETF by 12,061.0% during the 4th quarter. Auto Owners Insurance Co now owns 2,894,318 shares of the exchange traded fund’s stock valued at $35,198,000 after acquiring an additional 2,870,518 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of iShares Core High Dividend ETF by 12.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,546,611 shares of the exchange traded fund’s stock worth $188,083,000 after purchasing an additional 174,193 shares during the period.

iShares Core High Dividend ETF Price Performance

NYSEARCA HDV opened at $29.34 on Friday. iShares Core High Dividend ETF has a one year low of $23.51 and a one year high of $29.61. The business has a 50 day simple moving average of $28.08 and a 200 day simple moving average of $27.47. The stock has a market capitalization of $15.15 billion, a P/E ratio of 18.55 and a beta of 0.52.

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.