iShares Core High Dividend ETF (NYSEARCA:HDV) Reaches New 52-Week High – Still a Buy?

iShares Core High Dividend ETF (NYSEARCA:HDVGet Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as $119.96 and last traded at $119.93, with a volume of 75412 shares changing hands. The stock had previously closed at $118.79.

iShares Core High Dividend ETF Stock Up 0.5 %

The stock has a 50 day moving average of $118.25 and a 200 day moving average of $114.08. The firm has a market cap of $11.41 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HDV. Providence Capital Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF during the third quarter worth about $32,000. Chilton Capital Management LLC bought a new stake in iShares Core High Dividend ETF during the 2nd quarter worth approximately $33,000. Westside Investment Management Inc. increased its position in iShares Core High Dividend ETF by 57.1% in the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 108 shares during the period. Russell Investments Group Ltd. raised its stake in shares of iShares Core High Dividend ETF by 56.4% during the first quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 128 shares during the last quarter. Finally, McClarren Financial Advisors Inc. lifted its holdings in shares of iShares Core High Dividend ETF by 53.5% during the third quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 116 shares during the period.

iShares Core High Dividend ETF Company Profile

(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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