Bessemer Group Inc. Grows Stake in iShares Core High Dividend ETF $HDV

Bessemer Group Inc. grew its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 68.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,390 shares of the exchange traded fund’s stock after buying an additional 9,065 shares during the period. Bessemer Group Inc.’s holdings in iShares Core High Dividend ETF were worth $2,741,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HDV. Rakuten Securities Inc. raised its holdings in iShares Core High Dividend ETF by 101.9% in the 2nd quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 109 shares in the last quarter. MB Levis & Associates LLC purchased a new position in shares of iShares Core High Dividend ETF during the second quarter valued at about $26,000. EPG Wealth Management LLC purchased a new position in shares of iShares Core High Dividend ETF during the third quarter valued at about $40,000. Rossmore Private Capital bought a new position in iShares Core High Dividend ETF in the third quarter worth about $43,000. Finally, First Command Advisory Services Inc. purchased a new stake in iShares Core High Dividend ETF in the third quarter worth about $48,000.

iShares Core High Dividend ETF Stock Performance

iShares Core High Dividend ETF stock opened at $137.07 on Monday. iShares Core High Dividend ETF has a fifty-two week low of $106.00 and a fifty-two week high of $137.20. The stock’s 50 day simple moving average is $125.20 and its two-hundred day simple moving average is $122.72. The stock has a market cap of $13.30 billion, a price-to-earnings 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.