iShares Core High Dividend ETF (NYSEARCA:HDV) Sees Unusually-High Trading Volume – Time to Buy?

iShares Core High Dividend ETF (NYSEARCA:HDV) saw strong trading volume on Monday . 477,763 shares traded hands during mid-day trading, an increase of 7% from the previous session’s volume of 446,451 shares.The stock last traded at $111.19 and had previously closed at $111.94.

iShares Core High Dividend ETF Stock Up 0.5 %

The business’s 50-day moving average is $117.80 and its two-hundred day moving average is $115.24. The stock has a market capitalization of $10.64 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

Hedge Funds Weigh In On iShares Core High Dividend ETF

Several institutional investors and hedge funds have recently bought and sold shares of HDV. Lantz Financial LLC increased its position in shares of iShares Core High Dividend ETF by 4.6% during the second quarter. Lantz Financial LLC now owns 96,379 shares of the exchange traded fund’s stock valued at $10,476,000 after acquiring an additional 4,257 shares during the last quarter. Ironwood Wealth Management LLC. boosted its holdings in iShares Core High Dividend ETF by 9.0% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 14,832 shares of the exchange traded fund’s stock valued at $1,612,000 after acquiring an additional 1,226 shares during the period. Bank of New York Mellon Corp increased its stake in iShares Core High Dividend ETF by 12.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 30,295 shares of the exchange traded fund’s stock worth $3,293,000 after buying an additional 3,459 shares during the period. Verdence Capital Advisors LLC acquired a new stake in iShares Core High Dividend ETF during the 2nd quarter worth approximately $239,000. Finally, Harbour Investments Inc. raised its position in iShares Core High Dividend ETF by 12.0% in the 2nd quarter. Harbour Investments Inc. now owns 8,731 shares of the exchange traded fund’s stock valued at $949,000 after purchasing an additional 935 shares in the last quarter.

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.