Archer Investment Corp Boosts Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Archer Investment Corp raised its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDVFree Report) by 1.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 9,068 shares of the exchange traded fund’s stock after acquiring an additional 117 shares during the period. Archer Investment Corp’s holdings in iShares Core High Dividend ETF were worth $1,067,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Chilton Capital Management LLC purchased a new position in iShares Core High Dividend ETF in the 2nd quarter worth approximately $33,000. Russell Investments Group Ltd. lifted its position in iShares Core High Dividend ETF by 56.4% during the first quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 128 shares in the last quarter. McClarren Financial Advisors Inc. boosted its stake in iShares Core High Dividend ETF by 53.5% during the third quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 116 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Core High Dividend ETF in the 2nd quarter valued at $41,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of iShares Core High Dividend ETF in the 2nd quarter worth $48,000.

iShares Core High Dividend ETF Stock Performance

Shares of HDV stock traded down $0.07 on Friday, hitting $117.94. 23,906 shares of the stock traded hands, compared to its average volume of 441,085. The stock has a market capitalization of $11.14 billion, a PE ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a twelve month low of $96.63 and a twelve month high of $119.93. The firm’s 50-day moving average price is $117.99 and its two-hundred day moving average price is $113.63.

About iShares Core High Dividend ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding HDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core High Dividend ETF (NYSEARCA:HDVFree Report).

Institutional Ownership by Quarter for iShares Core High Dividend ETF (NYSEARCA:HDV)

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