iShares Core High Dividend ETF (NYSEARCA:HDV) Sees Significant Growth in Short Interest

iShares Core High Dividend ETF (NYSEARCA:HDV) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 605,840 shares, a growth of 103.4% from the January 15th total of 297,881 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 626,303 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 626,303 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Trading of iShares Core High Dividend ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Calamos Wealth Management LLC grew its stake in shares of iShares Core High Dividend ETF by 121.3% during the third quarter. Calamos Wealth Management LLC now owns 16,719 shares of the exchange traded fund’s stock valued at $2,047,000 after acquiring an additional 9,164 shares in the last quarter. Regatta Capital Group LLC boosted its holdings in iShares Core High Dividend ETF by 42.7% in the third quarter. Regatta Capital Group LLC now owns 18,789 shares of the exchange traded fund’s stock valued at $2,301,000 after purchasing an additional 5,623 shares during the last quarter. Courier Capital LLC grew its stake in iShares Core High Dividend ETF by 12.4% during the 3rd quarter. Courier Capital LLC now owns 81,859 shares of the exchange traded fund’s stock valued at $10,024,000 after purchasing an additional 9,054 shares in the last quarter. Forefront Wealth Partners LLC purchased a new stake in iShares Core High Dividend ETF during the 3rd quarter worth approximately $4,670,000. Finally, Bogart Wealth LLC increased its holdings in iShares Core High Dividend ETF by 362.3% during the 3rd quarter. Bogart Wealth LLC now owns 7,341 shares of the exchange traded fund’s stock worth $899,000 after purchasing an additional 5,753 shares during the last quarter.

iShares Core High Dividend ETF Price Performance

Shares of HDV stock opened at $138.76 on Friday. The business’s fifty day moving average price is $126.73 and its 200 day moving average price is $123.34. The firm has a market capitalization of $13.47 billion, a PE ratio of 18.55 and a beta of 0.64. iShares Core High Dividend ETF has a 1-year low of $106.00 and a 1-year high of $140.05.

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.