iShares Core High Dividend ETF (NYSEARCA:HDV) Stock Cross Below Two Hundred Day Moving Average – What’s Next?

iShares Core High Dividend ETF (NYSEARCA:HDV) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $115.33 and traded as low as $111.11. iShares Core High Dividend ETF shares last traded at $111.62, with a volume of 582,668 shares changing hands.

iShares Core High Dividend ETF Stock Down 0.9 %

The company’s fifty day moving average price is $117.41 and its two-hundred day moving average price is $115.33. The company has a market cap of $10.54 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

Hedge Funds Weigh In On iShares Core High Dividend ETF

A number of large investors have recently added to or reduced their stakes in HDV. Providence Capital Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF in the third quarter valued at approximately $32,000. Westside Investment Management Inc. increased its stake in iShares Core High Dividend ETF by 57.1% in the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 108 shares during the last quarter. Chilton Capital Management LLC bought a new stake in iShares Core High Dividend ETF during the 2nd quarter worth about $33,000. McClarren Financial Advisors Inc. boosted its stake in shares of iShares Core High Dividend ETF by 53.5% during the 3rd 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. Finally, Hantz Financial Services Inc. bought a new position in shares of iShares Core High Dividend ETF in the 2nd quarter valued at about $48,000.

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.