Magnolia Capital Advisors LLC Acquires 1,422 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Magnolia Capital Advisors LLC lifted its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 40.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,909 shares of the exchange traded fund’s stock after buying an additional 1,422 shares during the period. Magnolia Capital Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $551,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of HDV. Centaurus Financial Inc. boosted its stake in shares of iShares Core High Dividend ETF by 8.4% during the second quarter. Centaurus Financial Inc. now owns 1,160 shares of the exchange traded fund’s stock valued at $126,000 after purchasing an additional 90 shares during the period. Straight Path Wealth Management boosted its stake in shares of iShares Core High Dividend ETF by 1.1% during the third quarter. Straight Path Wealth Management now owns 9,317 shares of the exchange traded fund’s stock valued at $1,096,000 after purchasing an additional 97 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares Core High Dividend ETF by 28.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 435 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 97 shares during the period. GPS Wealth Strategies Group LLC boosted its stake in shares of iShares Core High Dividend ETF by 7.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,516 shares of the exchange traded fund’s stock valued at $170,000 after purchasing an additional 99 shares during the period. Finally, Cornell Pochily Investment Advisors Inc. boosted its stake in shares of iShares Core High Dividend ETF by 1.1% during the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 10,062 shares of the exchange traded fund’s stock valued at $1,130,000 after purchasing an additional 105 shares during the period.

iShares Core High Dividend ETF Stock Performance

NYSEARCA:HDV opened at $114.62 on Monday. The firm has a market cap of $10.83 billion, a PE ratio of 13.82 and a beta of 0.55. The business has a 50 day moving average price of $114.93 and a 200-day moving average price of $116.18. iShares Core High Dividend ETF has a fifty-two week low of $102.31 and a fifty-two week high of $121.70.

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.