Franklin Resources Inc. Has $8.58 Million Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Franklin Resources Inc. lifted its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 25.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,452 shares of the exchange traded fund’s stock after purchasing an additional 15,367 shares during the quarter. Franklin Resources Inc.’s holdings in iShares Core High Dividend ETF were worth $8,583,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in HDV. Blue Trust Inc. acquired a new stake in iShares Core High Dividend ETF in the fourth quarter valued at approximately $25,000. Providence First Trust Co acquired a new stake in iShares Core High Dividend ETF in the 4th quarter valued at $30,000. Westside Investment Management Inc. increased its stake in iShares Core High Dividend ETF by 57.1% during 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 in the last quarter. Roxbury Financial LLC acquired a new position in iShares Core High Dividend ETF during the fourth quarter worth $42,000. Finally, YANKCOM Partnership acquired a new position in shares of iShares Core High Dividend ETF during the fourth quarter valued at about $45,000.

iShares Core High Dividend ETF Price Performance

HDV opened at $108.41 on Wednesday. iShares Core High Dividend ETF has a fifty-two week low of $105.65 and a fifty-two week high of $122.50. The firm has a market capitalization of $10.20 billion, a PE ratio of 19.62 and a beta of 0.71. The company’s 50-day moving average is $117.67 and its 200 day moving average is $116.94.

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.