Fortitude Family Office LLC Invests $245,000 in iShares Core High Dividend ETF (NYSEARCA:HDV)

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

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Woodmont Investment Counsel LLC acquired a new position in shares of iShares Core High Dividend ETF during the 1st quarter worth $201,000. Valeo Financial Advisors LLC raised its position in iShares Core High Dividend ETF by 7.7% during the first quarter. Valeo Financial Advisors LLC now owns 169,602 shares of the exchange traded fund’s stock worth $18,692,000 after acquiring an additional 12,111 shares during the last quarter. Valley National Advisers Inc. lifted its holdings in shares of iShares Core High Dividend ETF by 17.7% in the first quarter. Valley National Advisers Inc. now owns 1,315 shares of the exchange traded fund’s stock valued at $144,000 after purchasing an additional 198 shares in the last quarter. United Capital Management of KS Inc. acquired a new stake in shares of iShares Core High Dividend ETF in the first quarter valued at approximately $217,000. Finally, Kovack Advisors Inc. increased its stake in shares of iShares Core High Dividend ETF by 8.3% during the 1st quarter. Kovack Advisors Inc. now owns 9,611 shares of the exchange traded fund’s stock worth $1,059,000 after purchasing an additional 740 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

HDV stock opened at $117.70 on Tuesday. The stock’s 50 day moving average price is $117.77 and its 200 day moving average price is $112.77. The firm has a market cap of $11.12 billion, a P/E ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 1 year low of $94.22 and a 1 year high of $119.74.

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.