GUNN & Co INVESTMENT MANAGEMENT INC. Buys Shares of 3,448 iShares Core High Dividend ETF (NYSEARCA:HDV)

GUNN & Co INVESTMENT MANAGEMENT INC. purchased a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,448 shares of the exchange traded fund’s stock, valued at approximately $352,000.

A number of other institutional investors have also modified their holdings of the company. Financial Management Professionals Inc. purchased a new stake in iShares Core High Dividend ETF in the 4th quarter worth approximately $25,000. Wetzel Investment Advisors Inc. purchased a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at $26,000. Hazlett Burt & Watson Inc. acquired a new position in iShares Core High Dividend ETF in the fourth quarter valued at $39,000. Stephens Consulting LLC purchased a new position in shares of iShares Core High Dividend ETF during the 4th quarter worth about $72,000. Finally, Fifth Third Bancorp boosted its position in shares of iShares Core High Dividend ETF by 882.8% in the third quarter. Fifth Third Bancorp now owns 855 shares of the exchange traded fund’s stock worth $85,000 after acquiring an additional 768 shares during the last quarter.

iShares Core High Dividend ETF Price Performance

HDV stock traded up $0.37 on Monday, hitting $108.62. 191,840 shares of the company were exchanged, compared to its average volume of 545,840. The stock has a market capitalization of $10.26 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a twelve month low of $93.46 and a twelve month high of $110.33. The business’s fifty day moving average is $107.90 and its two-hundred day moving average is $103.38.

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.