Stifel Financial Corp Has $25.30 Million Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Stifel Financial Corp increased its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 46.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 225,353 shares of the exchange traded fund’s stock after purchasing an additional 71,697 shares during the period. Stifel Financial Corp’s holdings in iShares Core High Dividend ETF were worth $25,298,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in shares of iShares Core High Dividend ETF by 6.4% during the fourth quarter. LPL Financial LLC now owns 2,379,555 shares of the exchange traded fund’s stock worth $267,129,000 after buying an additional 143,528 shares in the last quarter. Wells Fargo & Company MN grew its position in iShares Core High Dividend ETF by 74.6% during the 4th quarter. Wells Fargo & Company MN now owns 2,081,612 shares of the exchange traded fund’s stock worth $233,682,000 after acquiring an additional 889,193 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Core High Dividend ETF by 4.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,162,242 shares of the exchange traded fund’s stock valued at $130,473,000 after purchasing an additional 52,859 shares in the last quarter. Raymond James Financial Inc. bought a new position in iShares Core High Dividend ETF in the 4th quarter valued at $104,577,000. Finally, Janney Montgomery Scott LLC boosted its stake in iShares Core High Dividend ETF by 5.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 718,299 shares of the exchange traded fund’s stock worth $80,636,000 after purchasing an additional 37,697 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of HDV stock opened at $113.90 on Friday. The stock’s fifty day moving average is $116.85 and its 200-day moving average is $116.49. iShares Core High Dividend ETF has a 52 week low of $106.01 and a 52 week high of $122.50. The stock has a market capitalization of $10.96 billion, a PE ratio of 19.62 and a beta of 0.71.

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.