Verus Capital Partners LLC Raises Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Verus Capital Partners LLC lifted its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 94.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,963 shares of the exchange traded fund’s stock after purchasing an additional 2,415 shares during the period. Verus Capital Partners LLC’s holdings in iShares Core High Dividend ETF were worth $557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC increased its stake in iShares Core High Dividend ETF by 13.7% in the 3rd quarter. LPL Financial LLC now owns 2,236,027 shares of the exchange traded fund’s stock worth $263,001,000 after buying an additional 268,992 shares in the last quarter. M&T Bank Corp boosted its stake in shares of iShares Core High Dividend ETF by 1.5% in the third quarter. M&T Bank Corp now owns 725,191 shares of the exchange traded fund’s stock worth $85,297,000 after acquiring an additional 10,768 shares during the period. Janney Montgomery Scott LLC grew its position in shares of iShares Core High Dividend ETF by 5.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 718,299 shares of the exchange traded fund’s stock worth $80,636,000 after purchasing an additional 37,697 shares in the last quarter. FMR LLC raised its stake in iShares Core High Dividend ETF by 1.7% during the 3rd quarter. FMR LLC now owns 550,464 shares of the exchange traded fund’s stock valued at $64,746,000 after purchasing an additional 9,033 shares during the period. Finally, Orion Portfolio Solutions LLC lifted its holdings in iShares Core High Dividend ETF by 372.6% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 479,666 shares of the exchange traded fund’s stock worth $56,418,000 after purchasing an additional 378,179 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

HDV stock opened at $120.72 on Friday. The company has a market capitalization of $11.12 billion, a price-to-earnings ratio of 19.77 and a beta of 0.82. iShares Core High Dividend ETF has a 1-year low of $105.27 and a 1-year high of $121.70. The business has a 50 day simple moving average of $114.99 and a two-hundred day simple moving average of $116.74.

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.