Great Valley Advisor Group Inc. Invests $369,000 in iShares Core High Dividend ETF (NYSEARCA:HDV)

Great Valley Advisor Group Inc. acquired a new position in iShares Core High Dividend ETF (NYSEARCA:HDV) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 3,138 shares of the exchange traded fund’s stock, valued at approximately $369,000.

Several other hedge funds have also recently made changes to their positions in HDV. Chilton Capital Management LLC acquired a new stake in shares of iShares Core High Dividend ETF in the 2nd quarter valued at about $33,000. McClarren Financial Advisors Inc. grew its stake in shares of iShares Core High Dividend ETF by 53.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 116 shares during the period. Russell Investments Group Ltd. grew its stake in shares of iShares Core High Dividend ETF by 56.4% in the 1st quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 128 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Core High Dividend ETF in the 2nd quarter valued at about $41,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of iShares Core High Dividend ETF in the 2nd quarter valued at about $48,000.

iShares Core High Dividend ETF Stock Performance

HDV stock opened at $121.10 on Thursday. The company has a market capitalization of $11.44 billion, a P/E ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 52-week low of $98.42 and a 52-week high of $121.70. The business has a 50-day simple moving average of $118.35 and a two-hundred day simple moving average of $114.29.

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.