Brown Advisory Inc. Invests $518,000 in iShares Core High Dividend ETF (HDV) Stock

Brown Advisory Inc. acquired a new position in iShares Core High Dividend ETF (NYSEARCA:HDV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 6,133 shares of the exchange traded fund’s stock, valued at approximately $518,000.

A number of other institutional investors have also modified their holdings of HDV. Capital Investment Advisory Services LLC acquired a new stake in iShares Core High Dividend ETF in the 4th quarter worth about $25,000. Portfolio Solutions LLC bought a new position in iShares Core High Dividend ETF in the 4th quarter valued at about $31,000. Westside Investment Management Inc. bought a new position in iShares Core High Dividend ETF in the 4th quarter valued at about $39,000. Matthew Goff Investment Advisor LLC bought a new position in iShares Core High Dividend ETF in the 3rd quarter valued at about $100,000. Finally, Doyle Wealth Management bought a new position in iShares Core High Dividend ETF in the 4th quarter valued at about $106,000.

HDV stock opened at $92.35 on Monday. iShares Core High Dividend ETF has a 12 month low of $79.39 and a 12 month high of $94.48.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st will be issued a $0.8221 dividend. This is a positive change from iShares Core High Dividend ETF’s previous quarterly dividend of $0.71. This represents a $3.29 annualized dividend and a yield of 3.56%. The ex-dividend date of this dividend is Wednesday, March 20th.

ILLEGAL ACTIVITY NOTICE: This report was posted by Transcript Daily and is the property of of Transcript Daily. If you are reading this report on another publication, it was copied illegally and republished in violation of US and international trademark and copyright law. The original version of this report can be viewed at https://transcriptdaily.com/2019/03/25/brown-advisory-inc-invests-518000-in-ishares-core-high-dividend-etf-hdv-stock.html.

See Also: How a Strangle Strategy is different from a Straddle Strategy

Want to see what other hedge funds are holding HDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core High Dividend ETF (NYSEARCA:HDV).

Institutional Ownership by Quarter for iShares Core High Dividend ETF (NYSEARCA:HDV)

Receive News & Ratings for iShares Core High Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core High Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.