B. Riley Wealth Advisors Inc. Makes New Investment in iShares Core High Dividend ETF $HDV

B. Riley Wealth Advisors Inc. bought 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 SEC. The institutional investor bought 4,921 shares of the exchange traded fund’s stock, valued at approximately $577,000.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE boosted its stake in iShares Core High Dividend ETF by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock valued at $527,484,000 after acquiring an additional 155,098 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Core High Dividend ETF by 3.8% during the second quarter. JPMorgan Chase & Co. now owns 1,203,661 shares of the exchange traded fund’s stock worth $141,033,000 after purchasing an additional 43,852 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of iShares Core High Dividend ETF by 5.4% during the first quarter. Raymond James Financial Inc. now owns 981,453 shares of the exchange traded fund’s stock worth $118,874,000 after purchasing an additional 49,891 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in iShares Core High Dividend ETF by 5.9% in the second quarter. Commonwealth Equity Services LLC now owns 837,859 shares of the exchange traded fund’s stock worth $98,172,000 after purchasing an additional 46,414 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in iShares Core High Dividend ETF by 3.4% in the second quarter. Janney Montgomery Scott LLC now owns 778,605 shares of the exchange traded fund’s stock valued at $91,229,000 after buying an additional 25,519 shares during the last quarter.

iShares Core High Dividend ETF Stock Down 2.2%

Shares of NYSEARCA HDV opened at $120.67 on Wednesday. The stock’s 50 day moving average price is $121.54 and its two-hundred day moving average price is $120.53. iShares Core High Dividend ETF has a 52-week low of $106.00 and a 52-week high of $124.19. The stock has a market capitalization of $11.40 billion, a P/E ratio of 18.55 and a beta of 0.64.

iShares Core High Dividend ETF Company 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.