Providence First Trust Co Purchases Shares of 270 iShares Core High Dividend ETF (NYSEARCA:HDV)

Providence First Trust Co acquired a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the fourth quarter, Holdings Channel reports. The fund acquired 270 shares of the exchange traded fund’s stock, valued at approximately $30,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. acquired a new position in iShares Core High Dividend ETF in the fourth quarter worth about $25,000. Providence Capital Advisors LLC acquired a new stake in iShares Core High Dividend ETF during the third quarter valued at approximately $32,000. Westside Investment Management Inc. grew its stake in shares of 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 purchasing an additional 108 shares during the period. Roxbury Financial LLC acquired a new position in shares of iShares Core High Dividend ETF in the 4th quarter worth approximately $42,000. Finally, YANKCOM Partnership bought a new position in shares of iShares Core High Dividend ETF during the 4th quarter worth approximately $45,000.

iShares Core High Dividend ETF Price Performance

Shares of HDV stock opened at $120.72 on Friday. The stock’s fifty day simple moving average is $114.99 and its 200 day simple moving average is $116.76. iShares Core High Dividend ETF has a one year low of $105.47 and a one year high of $121.70. The firm has a market cap of $11.12 billion, a price-to-earnings ratio of 19.77 and a beta of 0.82.

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.