iShares Core High Dividend ETF (NYSEARCA:HDV) Sees Unusually-High Trading Volume – What’s Next?

iShares Core High Dividend ETF (NYSEARCA:HDV) saw unusually-high trading volume on Monday . Approximately 477,763 shares changed hands during 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 Trading Up 0.5 %

The company has a 50 day simple moving average of $117.80 and a two-hundred day simple moving average of $115.24. The firm has a market capitalization of $10.64 billion, a P/E ratio of 13.82 and a beta of 0.55.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James & Associates increased its holdings in shares of iShares Core High Dividend ETF by 1.7% in the 3rd quarter. Raymond James & Associates now owns 266,194 shares of the exchange traded fund’s stock valued at $31,310,000 after acquiring an additional 4,400 shares during the period. Park Avenue Securities LLC lifted its position in iShares Core High Dividend ETF by 175.5% during the third quarter. Park Avenue Securities LLC now owns 26,485 shares of the exchange traded fund’s stock valued at $3,115,000 after purchasing an additional 16,872 shares during the period. OneDigital Investment Advisors LLC grew its position 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 during the period. Aptus Capital Advisors LLC increased its stake in shares of iShares Core High Dividend ETF by 12.1% in the 2nd quarter. Aptus Capital Advisors LLC now owns 1,492 shares of the exchange traded fund’s stock valued at $162,000 after purchasing an additional 161 shares in the last quarter. Finally, Hantz Financial Services Inc. purchased a new position in shares of iShares Core High Dividend ETF during the 2nd quarter valued at approximately $48,000.

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.