Concord Asset Management LLC VA Purchases New Position in iShares Core High Dividend ETF $HDV

Concord Asset Management LLC VA purchased a new stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 16,063 shares of the exchange traded fund’s stock, valued at approximately $1,882,000.

Other institutional investors also recently bought and sold shares of the company. Cullen Frost Bankers Inc. raised its position in iShares Core High Dividend ETF by 344.1% during the first quarter. Cullen Frost Bankers Inc. now owns 262 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 203 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in iShares Core High Dividend ETF during the first quarter valued at approximately $39,000. EQ Wealth Advisors LLC purchased a new position in iShares Core High Dividend ETF during the first quarter valued at approximately $40,000. Headlands Technologies LLC purchased a new position in iShares Core High Dividend ETF during the first quarter valued at approximately $46,000. Finally, Chung Wu Investment Group LLC purchased a new position in iShares Core High Dividend ETF during the second quarter valued at approximately $47,000.

iShares Core High Dividend ETF Trading Down 0.6%

Shares of HDV stock opened at $120.69 on Monday. The stock has a 50 day moving average of $121.74 and a 200 day moving average of $118.18. The stock has a market cap of $11.52 billion, a P/E ratio of 18.55 and a beta of 0.81. iShares Core High Dividend ETF has a twelve month low of $106.00 and a twelve month high of $124.03.

iShares Core High Dividend ETF Profile

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.