Wealth Management Associates Inc. Buys 1,049 Shares of iShares Core High Dividend ETF $HDV

Wealth Management Associates Inc. boosted its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 5.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,707 shares of the exchange traded fund’s stock after purchasing an additional 1,049 shares during the quarter. iShares Core High Dividend ETF comprises 1.0% of Wealth Management Associates Inc.’s holdings, making the stock its 26th largest holding. Wealth Management Associates Inc.’s holdings in iShares Core High Dividend ETF were worth $2,543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Patten & Patten Inc. TN boosted its position in iShares Core High Dividend ETF by 3.6% during the first quarter. Patten & Patten Inc. TN now owns 7,510 shares of the exchange traded fund’s stock valued at $910,000 after purchasing an additional 260 shares in the last quarter. Vision Capital Management Inc. bought a new stake in iShares Core High Dividend ETF during the second quarter valued at about $210,000. Lodestar Private Asset Management LLC boosted its position in iShares Core High Dividend ETF by 30.9% during the second quarter. Lodestar Private Asset Management LLC now owns 3,579 shares of the exchange traded fund’s stock valued at $419,000 after purchasing an additional 844 shares in the last quarter. Novem Group boosted its position in iShares Core High Dividend ETF by 5.3% during the second quarter. Novem Group now owns 2,097 shares of the exchange traded fund’s stock valued at $246,000 after purchasing an additional 106 shares in the last quarter. Finally, Concord Asset Management LLC VA bought a new stake in iShares Core High Dividend ETF during the second quarter valued at about $1,882,000.

iShares Core High Dividend ETF Price Performance

Shares of HDV stock opened at $120.95 on Wednesday. The stock’s 50-day moving average is $122.09 and its 200 day moving average is $118.79. iShares Core High Dividend ETF has a 1-year low of $106.00 and a 1-year high of $124.03. The company has a market cap of $11.42 billion, a P/E ratio of 18.55 and a beta of 0.64.

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.