iShares Core High Dividend ETF (NYSEARCA:HDV) Short Interest Up 76.5% in August

iShares Core High Dividend ETF (NYSEARCA:HDV) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,360,922 shares, an increase of 76.5% from the August 15th total of 771,168 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 4,258,603 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of iShares Core High Dividend ETF

A number of hedge funds have recently made changes to their positions in the business. LPL Financial LLC raised its stake in 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 valued at $356,557,000 after acquiring an additional 111,853 shares during the period. Auto Owners Insurance Co increased its holdings in shares of iShares Core High Dividend ETF by 12,061.0% in the fourth quarter. Auto Owners Insurance Co now owns 2,894,318 shares of the exchange traded fund’s stock valued at $35,198,000 after purchasing an additional 2,870,518 shares during the last quarter. Allianz Asset Management GmbH raised its position in shares of iShares Core High Dividend ETF by 201.2% in the second quarter. Allianz Asset Management GmbH now owns 1,377,900 shares of the exchange traded fund’s stock valued at $37,768,000 after purchasing an additional 920,500 shares during the period. Royal Bank of Canada raised its position in shares of iShares Core High Dividend ETF by 2.4% in the first quarter. Royal Bank of Canada now owns 1,282,003 shares of the exchange traded fund’s stock valued at $173,992,000 after purchasing an additional 30,442 shares during the period. Finally, IFP Advisors Inc lifted its stake in shares of iShares Core High Dividend ETF by 867.0% during the 2nd quarter. IFP Advisors Inc now owns 1,219,092 shares of the exchange traded fund’s stock worth $33,415,000 after buying an additional 1,093,020 shares during the last quarter.

iShares Core High Dividend ETF Price Performance

HDV stock traded down $0.40 during trading hours on Wednesday, reaching $28.89. The stock had a trading volume of 2,563,785 shares, compared to its average volume of 3,901,877. The stock has a market capitalization of $15.03 billion, a PE ratio of 18.55 and a beta of 0.53. The stock has a 50-day simple moving average of $28.95 and a 200 day simple moving average of $27.83. iShares Core High Dividend ETF has a fifty-two week low of $23.51 and a fifty-two week high of $30.13.

iShares Core High Dividend ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 24th. Shareholders of record on Wednesday, August 19th were given a dividend of $0.1046 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a boost from iShares Core High Dividend ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, August 19th.

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.