Archer Investment Corp Acquires 317 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Archer Investment Corp grew its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,385 shares of the exchange traded fund’s stock after acquiring an additional 317 shares during the period. Archer Investment Corp’s holdings in iShares Core High Dividend ETF were worth $1,054,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Orion Portfolio Solutions LLC lifted its holdings in iShares Core High Dividend ETF by 372.6% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 479,666 shares of the exchange traded fund’s stock valued at $56,418,000 after purchasing an additional 378,179 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of iShares Core High Dividend ETF by 10,416.1% during the 4th quarter. Strategic Financial Concepts LLC now owns 341,564 shares of the exchange traded fund’s stock worth $38,344,000 after buying an additional 338,316 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of iShares Core High Dividend ETF by 13,316.2% during the 3rd quarter. International Assets Investment Management LLC now owns 281,875 shares of the exchange traded fund’s stock worth $33,154,000 after buying an additional 279,774 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares Core High Dividend ETF by 13.7% during 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 during the period. Finally, World Investment Advisors LLC acquired a new position in iShares Core High Dividend ETF in the 3rd quarter valued at about $28,952,000.

iShares Core High Dividend ETF Stock Down 0.1 %

Shares of NYSEARCA:HDV opened at $115.24 on Friday. iShares Core High Dividend ETF has a 12-month low of $102.31 and a 12-month high of $121.70. The business has a 50 day moving average of $114.47 and a 200-day moving average of $116.20. The stock has a market cap of $10.88 billion, a PE ratio of 13.82 and a beta of 0.55.

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.