iShares Core High Dividend ETF (NYSEARCA:HDV) Hits New 1-Year High – Should You Buy?

iShares Core High Dividend ETF (NYSEARCA:HDV)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $119.96 and last traded at $119.93, with a volume of 75412 shares. The stock had previously closed at $118.79.

iShares Core High Dividend ETF Stock Performance

The firm has a market cap of $11.36 billion, a PE ratio of 13.82 and a beta of 0.55. The stock has a fifty day moving average price of $118.11 and a 200-day moving average price of $113.95.

Hedge Funds Weigh In On iShares Core High Dividend ETF

A number of institutional investors have recently made changes to their positions in the business. Raymond James & Associates grew its stake in iShares Core High Dividend ETF by 1.7% during the 3rd quarter. Raymond James & Associates now owns 266,194 shares of the exchange traded fund’s stock worth $31,310,000 after buying an additional 4,400 shares during the last quarter. Kohmann Bosshard Financial Services LLC grew its stake in shares of iShares Core High Dividend ETF by 6.9% in the second quarter. Kohmann Bosshard Financial Services LLC now owns 150,091 shares of the exchange traded fund’s stock worth $16,315,000 after purchasing an additional 9,721 shares in the last quarter. Park Avenue Securities LLC grew its stake in shares of iShares Core High Dividend ETF by 175.5% in the third quarter. Park Avenue Securities LLC now owns 26,485 shares of the exchange traded fund’s stock worth $3,115,000 after purchasing an additional 16,872 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in iShares Core High Dividend ETF by 8.9% during the first quarter. CreativeOne Wealth LLC now owns 2,732 shares of the exchange traded fund’s stock valued at $301,000 after buying an additional 223 shares in the last quarter. Finally, OneDigital Investment Advisors LLC boosted its stake in iShares Core High Dividend ETF by 3.0% during the third quarter. OneDigital Investment Advisors LLC now owns 10,497 shares of the exchange traded fund’s stock valued at $1,235,000 after buying an additional 303 shares in the last quarter.

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.