Traders Purchase High Volume of iShares Core High Dividend ETF Call Options (NYSEARCA:HDV)

iShares Core High Dividend ETF (NYSEARCA:HDV) saw some unusual options trading activity on Friday. Stock investors bought 15,907 call options on the stock. This represents an increase of 3,270% compared to the typical daily volume of 472 call options.

Hedge Funds Weigh In On iShares Core High Dividend ETF

Hedge funds have recently added to or reduced their stakes in the company. Financial Perspectives Inc boosted its position in iShares Core High Dividend ETF by 3.1% in the 1st quarter. Financial Perspectives Inc now owns 68,475 shares of the exchange traded fund’s stock valued at $7,547,000 after buying an additional 2,081 shares during the period. Wealthstar Advisors LLC boosted its position in iShares Core High Dividend ETF by 10.0% in the 1st quarter. Wealthstar Advisors LLC now owns 3,070 shares of the exchange traded fund’s stock valued at $338,000 after buying an additional 279 shares during the period. Kovack Advisors Inc. boosted its position in iShares Core High Dividend ETF by 8.3% in the 1st quarter. Kovack Advisors Inc. now owns 9,611 shares of the exchange traded fund’s stock valued at $1,059,000 after buying an additional 740 shares during the period. United Capital Management of KS Inc. purchased a new stake in iShares Core High Dividend ETF in the 1st quarter valued at about $217,000. Finally, Valley National Advisers Inc. boosted its position in iShares Core High Dividend ETF by 17.7% in the 1st quarter. Valley National Advisers Inc. now owns 1,315 shares of the exchange traded fund’s stock valued at $144,000 after buying an additional 198 shares during the period.

iShares Core High Dividend ETF Trading Up 1.2 %

Shares of NYSEARCA:HDV opened at $107.97 on Friday. The company has a market capitalization of $10.28 billion, a price-to-earnings ratio of 13.70 and a beta of 0.55. iShares Core High Dividend ETF has a 12 month low of $93.46 and a 12 month high of $110.33. The firm’s 50-day moving average is $107.10 and its 200 day moving average is $102.51.

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.