Verus Capital Partners LLC Takes $275,000 Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Verus Capital Partners LLC acquired a new stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the second quarter, HoldingsChannel.com reports. The fund acquired 2,533 shares of the exchange traded fund’s stock, valued at approximately $275,000.

Several other hedge funds also recently bought and sold shares of HDV. Vantage Financial Partners LLC bought a new position in iShares Core High Dividend ETF in the 4th quarter worth about $507,000. Natixis Advisors L.P. raised its holdings in shares of iShares Core High Dividend ETF by 5.5% during the fourth quarter. Natixis Advisors L.P. now owns 14,332 shares of the exchange traded fund’s stock worth $1,461,000 after purchasing an additional 749 shares during the last quarter. Vestmark Advisory Solutions Inc. purchased a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth $364,000. Private Advisor Group LLC grew its position in iShares Core High Dividend ETF by 0.5% during the fourth quarter. Private Advisor Group LLC now owns 117,546 shares of the exchange traded fund’s stock valued at $11,989,000 after buying an additional 543 shares during the period. Finally, Sovereign Financial Group Inc. acquired a new stake in iShares Core High Dividend ETF during the fourth quarter valued at $464,000.

iShares Core High Dividend ETF Stock Down 0.2 %

Shares of NYSEARCA HDV opened at $118.15 on Wednesday. The company’s 50-day simple moving average is $112.97 and its 200-day simple moving average is $109.93. iShares Core High Dividend ETF has a 52-week low of $93.46 and a 52-week high of $118.61. The firm has a market cap of $11.16 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

About iShares Core High Dividend ETF

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.