DAVENPORT & Co LLC Boosts Holdings in iShares Core High Dividend ETF $HDV

DAVENPORT & Co LLC boosted its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 12.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 209,055 shares of the exchange traded fund’s stock after purchasing an additional 22,862 shares during the period. DAVENPORT & Co LLC owned approximately 0.22% of iShares Core High Dividend ETF worth $25,599,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Rakuten Securities Inc. grew its holdings in iShares Core High Dividend ETF by 101.9% during the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 109 shares during the period. MB Levis & Associates LLC purchased a new stake in iShares Core High Dividend ETF in the 2nd quarter worth approximately $26,000. Chung Wu Investment Group LLC purchased a new stake in iShares Core High Dividend ETF in the 2nd quarter worth approximately $47,000. Harbor Asset Planning Inc. purchased a new stake in iShares Core High Dividend ETF in the 2nd quarter worth approximately $51,000. Finally, Heartwood Wealth Advisors LLC acquired a new stake in shares of iShares Core High Dividend ETF during the 3rd quarter worth approximately $54,000.

iShares Core High Dividend ETF Price Performance

NYSEARCA:HDV opened at $122.02 on Thursday. The company has a 50 day moving average price of $121.57 and a 200-day moving average price of $120.71. iShares Core High Dividend ETF has a 1-year low of $106.00 and a 1-year high of $124.19. The firm has a market cap of $11.53 billion, a price-to-earnings ratio of 18.55 and a beta of 0.64.

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.