Raymond James Financial Inc. Invests $104.58 Million in iShares Core High Dividend ETF (NYSEARCA:HDV)

Raymond James Financial Inc. purchased a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 931,562 shares of the exchange traded fund’s stock, valued at approximately $104,577,000. Raymond James Financial Inc. owned 0.99% of iShares Core High Dividend ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC grew its position in iShares Core High Dividend ETF by 13.7% during the third 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. M&T Bank Corp grew its position in iShares Core High Dividend ETF by 1.5% during the third quarter. M&T Bank Corp now owns 725,191 shares of the exchange traded fund’s stock worth $85,297,000 after buying an additional 10,768 shares during the period. Janney Montgomery Scott LLC grew its position in 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 buying an additional 37,697 shares during the period. FMR LLC grew its position in iShares Core High Dividend ETF by 1.7% during the third quarter. FMR LLC now owns 550,464 shares of the exchange traded fund’s stock worth $64,746,000 after buying an additional 9,033 shares during the period. Finally, Orion Portfolio Solutions LLC grew its position in iShares Core High Dividend ETF by 372.6% during the third quarter. Orion Portfolio Solutions LLC now owns 479,666 shares of the exchange traded fund’s stock worth $56,418,000 after buying an additional 378,179 shares during the period.

iShares Core High Dividend ETF Trading Up 1.3 %

Shares of HDV opened at $120.26 on Friday. The firm’s 50-day moving average is $115.67 and its two-hundred day moving average is $116.90. iShares Core High Dividend ETF has a twelve month low of $105.65 and a twelve month high of $121.70. The firm has a market capitalization of $11.08 billion, a P/E 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.