Straight Path Wealth Management Purchases 52,973 Shares of iShares Core High Dividend ETF $HDV

Straight Path Wealth Management grew its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 577.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,143 shares of the exchange traded fund’s stock after acquiring an additional 52,973 shares during the quarter. Straight Path Wealth Management’s holdings in iShares Core High Dividend ETF were worth $1,703,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Corient Private Wealth LLC raised its position in iShares Core High Dividend ETF by 195.8% during the fourth quarter. Corient Private Wealth LLC now owns 130,068 shares of the exchange traded fund’s stock valued at $15,818,000 after purchasing an additional 86,089 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares Core High Dividend ETF by 4.0% in the 4th quarter. LPL Financial LLC now owns 2,931,967 shares of the exchange traded fund’s stock worth $356,557,000 after purchasing an additional 111,853 shares during the period. Gallagher Capital Advisors LLC bought a new position in shares of iShares Core High Dividend ETF during the 1st quarter valued at approximately $3,934,000. 180 Wealth Advisors LLC increased its position in shares of iShares Core High Dividend ETF by 386.2% during the 2nd quarter. 180 Wealth Advisors LLC now owns 54,616 shares of the exchange traded fund’s stock valued at $1,497,000 after purchasing an additional 43,383 shares during the last quarter. Finally, WorthPointe LLC purchased a new stake in iShares Core High Dividend ETF during the 2nd quarter valued at $638,000.

iShares Core High Dividend ETF Price Performance

Shares of HDV opened at $29.40 on Monday. The business has a fifty day moving average of $28.75 and a 200 day moving average of $27.75. The company has a market cap of $15.18 billion, a PE ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a 52-week low of $23.51 and a 52-week high of $30.13.

iShares Core High Dividend ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 24th. Stockholders of record on Wednesday, August 19th were issued a $0.1046 dividend. This is a boost from iShares Core High Dividend ETF’s previous monthly dividend of $0.09. The ex-dividend date was Wednesday, August 19th. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.