Sandy Cove Advisors LLC Makes New $308,000 Investment in iShares Core High Dividend ETF (NYSEARCA:HDV)

Sandy Cove Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the first quarter, HoldingsChannel.com reports. The firm acquired 2,794 shares of the exchange traded fund’s stock, valued at approximately $308,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cornerstone Wealth Group LLC acquired a new stake in iShares Core High Dividend ETF during the 1st quarter valued at $236,000. Private Ocean LLC grew its stake in iShares Core High Dividend ETF by 24.3% in the 1st quarter. Private Ocean LLC now owns 1,055 shares of the exchange traded fund’s stock valued at $116,000 after buying an additional 206 shares during the last quarter. Romano Brothers AND Company lifted its position in iShares Core High Dividend ETF by 5.3% during the first quarter. Romano Brothers AND Company now owns 7,930 shares of the exchange traded fund’s stock worth $874,000 after acquiring an additional 400 shares during the last quarter. Maltin Wealth Management Inc. boosted its holdings in shares of iShares Core High Dividend ETF by 3.4% during the first quarter. Maltin Wealth Management Inc. now owns 38,360 shares of the exchange traded fund’s stock worth $4,228,000 after acquiring an additional 1,245 shares during the period. Finally, 180 Wealth Advisors LLC grew its position in shares of iShares Core High Dividend ETF by 1.2% in the first quarter. 180 Wealth Advisors LLC now owns 12,518 shares of the exchange traded fund’s stock valued at $1,380,000 after purchasing an additional 148 shares during the last quarter.

iShares Core High Dividend ETF Stock Performance

NYSEARCA:HDV traded up $0.25 during mid-day trading on Friday, reaching $108.70. 271,980 shares of the company’s stock were exchanged, compared to its average volume of 464,696. iShares Core High Dividend ETF has a one year low of $93.46 and a one year high of $111.72. The business’s fifty day simple moving average is $109.03 and its two-hundred day simple moving average is $106.53. The firm has a market capitalization of $10.27 billion, a PE ratio of 13.82 and a beta of 0.55.

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.