Fortitude Family Office LLC Makes New Investment in iShares Core High Dividend ETF (NYSEARCA:HDV)

Fortitude Family Office LLC acquired a new stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,080 shares of the exchange traded fund’s stock, valued at approximately $245,000.

Other hedge funds have also recently modified their holdings of the company. Meiji Yasuda Life Insurance Co grew its stake in shares of iShares Core High Dividend ETF by 19.7% in the 1st quarter. Meiji Yasuda Life Insurance Co now owns 3,008,172 shares of the exchange traded fund’s stock worth $331,531,000 after buying an additional 495,944 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares Core High Dividend ETF by 6.1% in the second quarter. LPL Financial LLC now owns 1,967,035 shares of the exchange traded fund’s stock worth $213,817,000 after acquiring an additional 112,780 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of iShares Core High Dividend ETF by 0.9% during the third quarter. Commonwealth Equity Services LLC now owns 795,914 shares of the exchange traded fund’s stock valued at $93,615,000 after acquiring an additional 7,222 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of iShares Core High Dividend ETF by 2.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 647,251 shares of the exchange traded fund’s stock worth $71,334,000 after purchasing an additional 16,579 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in iShares Core High Dividend ETF by 20.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 563,410 shares of the exchange traded fund’s stock worth $61,243,000 after purchasing an additional 94,152 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of HDV stock opened at $117.70 on Tuesday. The company has a market capitalization of $11.12 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a one year low of $94.22 and a one year high of $119.74. The company’s 50-day moving average is $117.77 and its 200 day moving average is $112.77.

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.