NewEdge Advisors LLC Has $3.33 Million Holdings in iShares Core High Dividend ETF $HDV

NewEdge Advisors LLC boosted its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,459 shares of the exchange traded fund’s stock after buying an additional 897 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $3,326,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Cullen Frost Bankers Inc. increased its holdings in shares of iShares Core High Dividend ETF by 344.1% during the 1st quarter. Cullen Frost Bankers Inc. now owns 262 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 203 shares during the last quarter. Banque Cantonale Vaudoise bought a new stake in iShares Core High Dividend ETF during the first quarter worth approximately $39,000. EQ Wealth Advisors LLC acquired a new position in iShares Core High Dividend ETF during the first quarter valued at approximately $40,000. Vermillion Wealth Management Inc. bought a new position in shares of iShares Core High Dividend ETF in the fourth quarter valued at approximately $45,000. Finally, Headlands Technologies LLC bought a new position in shares of iShares Core High Dividend ETF in the first quarter valued at approximately $46,000.

iShares Core High Dividend ETF Trading Up 0.3%

Shares of iShares Core High Dividend ETF stock opened at $121.84 on Wednesday. The firm has a fifty day simple moving average of $120.54 and a 200-day simple moving average of $117.77. The stock has a market capitalization of $11.39 billion, a price-to-earnings ratio of 18.55 and a beta of 0.81. iShares Core High Dividend ETF has a 1-year low of $106.00 and a 1-year high of $124.03.

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.