Gallagher Fiduciary Advisors LLC Grows Stock Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Gallagher Fiduciary Advisors LLC raised its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 14.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 75,880 shares of the exchange traded fund’s stock after purchasing an additional 9,511 shares during the period. iShares Core High Dividend ETF comprises approximately 1.7% of Gallagher Fiduciary Advisors LLC’s holdings, making the stock its 16th largest holding. Gallagher Fiduciary Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $8,518,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. LPL Financial LLC raised its position in shares of iShares Core High Dividend ETF by 6.4% in the 4th quarter. LPL Financial LLC now owns 2,379,555 shares of the exchange traded fund’s stock valued at $267,129,000 after purchasing an additional 143,528 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of iShares Core High Dividend ETF by 74.6% in the 4th quarter. Wells Fargo & Company MN now owns 2,081,612 shares of the exchange traded fund’s stock valued at $233,682,000 after purchasing an additional 889,193 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares Core High Dividend ETF by 4.8% in 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. acquired a new position in shares of iShares Core High Dividend ETF in the 4th quarter valued at approximately $104,577,000. Finally, Janney Montgomery Scott LLC raised its position in shares of iShares Core High Dividend ETF by 5.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 718,299 shares of the exchange traded fund’s stock valued at $80,636,000 after purchasing an additional 37,697 shares in the last quarter.

iShares Core High Dividend ETF Stock Down 0.6 %

Shares of HDV opened at $114.44 on Friday. The business’s 50 day moving average is $116.40 and its two-hundred day moving average is $116.37. iShares Core High Dividend ETF has a 52-week low of $106.01 and a 52-week high of $122.50. The firm has a market cap of $11.01 billion, a price-to-earnings ratio of 19.62 and a beta of 0.71.

About iShares Core High Dividend ETF

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.