IFP Advisors Inc Boosts Stock Position in iShares Core High Dividend ETF $HDV

IFP Advisors Inc raised its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 34.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 193,356 shares of the exchange traded fund’s stock after purchasing an additional 49,360 shares during the period. iShares Core High Dividend ETF accounts for approximately 0.5% of IFP Advisors Inc’s investment portfolio, making the stock its 27th biggest holding. IFP Advisors Inc’s holdings in iShares Core High Dividend ETF were worth $23,514,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Csenge Advisory Group raised its position in shares of iShares Core High Dividend ETF by 3.9% in the 4th quarter. Csenge Advisory Group now owns 18,800 shares of the exchange traded fund’s stock valued at $2,286,000 after purchasing an additional 706 shares during the last quarter. Frisch Financial Group Inc. grew its holdings in iShares Core High Dividend ETF by 2.8% during the fourth quarter. Frisch Financial Group Inc. now owns 21,621 shares of the exchange traded fund’s stock worth $2,629,000 after acquiring an additional 589 shares during the period. HighTower Advisors LLC increased its holdings in iShares Core High Dividend ETF by 0.4% in the fourth quarter. HighTower Advisors LLC now owns 123,773 shares of the exchange traded fund’s stock valued at $15,052,000 after buying an additional 479 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in iShares Core High Dividend ETF by 8.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,587 shares of the exchange traded fund’s stock worth $436,000 after purchasing an additional 293 shares in the last quarter. Finally, Soltis Investment Advisors LLC lifted its position in shares of iShares Core High Dividend ETF by 2.8% during the 4th quarter. Soltis Investment Advisors LLC now owns 7,464 shares of the exchange traded fund’s stock valued at $908,000 after buying an additional 203 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

Shares of NYSEARCA:HDV opened at $27.71 on Wednesday. iShares Core High Dividend ETF has a 1 year low of $22.82 and a 1 year high of $28.18. The firm has a market capitalization of $13.72 billion, a price-to-earnings ratio of 18.55 and a beta of 0.54. The business’s 50 day moving average price is $26.95 and its 200-day moving average price is $25.95.

iShares Core High Dividend ETF 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.