Aureum Wealth Management LLC Invests $4.29 Million in iShares Core High Dividend ETF $HDV

Aureum Wealth Management LLC acquired a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 35,275 shares of the exchange traded fund’s stock, valued at approximately $4,290,000. iShares Core High Dividend ETF accounts for approximately 4.0% of Aureum Wealth Management LLC’s holdings, making the stock its 7th largest holding.

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of iShares Core High Dividend ETF by 3.6% during the second 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 period. JPMorgan Chase & Co. raised its stake in iShares Core High Dividend ETF by 6.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,278,250 shares of the exchange traded fund’s stock valued at $156,522,000 after purchasing an additional 74,589 shares during the period. Securian Asset Management Inc. lifted its holdings in shares of iShares Core High Dividend ETF by 2.0% in the third quarter. Securian Asset Management Inc. now owns 778,802 shares of the exchange traded fund’s stock valued at $95,364,000 after purchasing an additional 15,000 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares Core High Dividend ETF by 13.5% in the third quarter. Jones Financial Companies Lllp now owns 741,637 shares of the exchange traded fund’s stock valued at $90,674,000 after purchasing an additional 88,017 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares Core High Dividend ETF by 11.0% in the third quarter. Ameriprise Financial Inc. now owns 707,868 shares of the exchange traded fund’s stock worth $86,621,000 after buying an additional 70,191 shares during the period.

iShares Core High Dividend ETF Trading Up 0.2%

Shares of HDV stock opened at $132.81 on Thursday. The company has a market capitalization of $13.19 billion, a price-to-earnings ratio of 18.55 and a beta of 0.57. iShares Core High Dividend ETF has a 1-year low of $112.71 and a 1-year high of $140.89. The stock’s fifty day simple moving average is $135.68 and its 200-day simple moving average is $128.04.

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.