iShares Core High Dividend ETF (NYSEARCA:HDV) Reaches New 52-Week High at $117.97

iShares Core High Dividend ETF (NYSEARCA:HDV)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $117.97 and last traded at $117.86, with a volume of 32440 shares traded. The stock had previously closed at $116.96.

iShares Core High Dividend ETF Price Performance

The company has a market capitalization of $11.11 billion, a PE ratio of 13.82 and a beta of 0.55. The business has a 50-day moving average of $112.01 and a 200 day moving average of $109.43.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Cetera Investment Advisers grew its stake in shares of iShares Core High Dividend ETF by 0.4% during the second quarter. Cetera Investment Advisers now owns 322,441 shares of the exchange traded fund’s stock valued at $35,049,000 after buying an additional 1,253 shares during the last quarter. Granite Bay Wealth Management LLC bought a new position in iShares Core High Dividend ETF in the second quarter worth approximately $686,000. Sunbelt Securities Inc. increased its holdings in iShares Core High Dividend ETF by 6.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 33,110 shares of the exchange traded fund’s stock worth $3,599,000 after purchasing an additional 1,962 shares during the period. Nemes Rush Group LLC purchased a new position in iShares Core High Dividend ETF during the 2nd quarter worth $173,000. Finally, Magnolia Capital Advisors LLC increased its holdings in iShares Core High Dividend ETF by 28.9% during the 2nd quarter. Magnolia Capital Advisors LLC now owns 4,032 shares of the exchange traded fund’s stock worth $438,000 after purchasing an additional 904 shares during the period.

iShares Core High Dividend ETF Company 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.