Farther Finance Advisors LLC Has $5.64 Million Stake in iShares Core High Dividend ETF $HDV

Farther Finance Advisors LLC raised its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 118.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,090 shares of the exchange traded fund’s stock after purchasing an additional 24,982 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $5,644,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in HDV. Brighton Jones LLC bought a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at approximately $342,000. CW Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF during the 1st quarter valued at $735,000. Ameriprise Financial Inc. grew its holdings in shares of iShares Core High Dividend ETF by 16.1% during the 1st quarter. Ameriprise Financial Inc. now owns 628,353 shares of the exchange traded fund’s stock worth $76,118,000 after purchasing an additional 87,057 shares in the last quarter. Compound Planning Inc. increased its position in shares of iShares Core High Dividend ETF by 10.2% in the first quarter. Compound Planning Inc. now owns 4,293 shares of the exchange traded fund’s stock worth $520,000 after purchasing an additional 396 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core High Dividend ETF by 22.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 169,611 shares of the exchange traded fund’s stock worth $20,543,000 after purchasing an additional 31,608 shares during the period.

iShares Core High Dividend ETF Stock Up 0.1%

HDV opened at $121.60 on Wednesday. The stock has a market capitalization of $11.49 billion, a price-to-earnings ratio of 18.55 and a beta of 0.64. iShares Core High Dividend ETF has a twelve month low of $106.00 and a twelve month high of $124.19. The company has a 50-day simple moving average of $121.56 and a 200 day simple moving average of $120.70.

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.