Straight Path Wealth Management Raises Stock Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Straight Path Wealth Management lifted its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 1.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 9,411 shares of the exchange traded fund’s stock after buying an additional 94 shares during the quarter. iShares Core High Dividend ETF comprises approximately 0.4% of Straight Path Wealth Management’s investment portfolio, making the stock its 27th largest holding. Straight Path Wealth Management’s holdings in iShares Core High Dividend ETF were worth $1,056,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC grew its position in shares of iShares Core High Dividend ETF by 13.7% in the 3rd quarter. LPL Financial LLC now owns 2,236,027 shares of the exchange traded fund’s stock worth $263,001,000 after buying an additional 268,992 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in iShares Core High Dividend ETF during the 4th quarter worth approximately $104,577,000. M&T Bank Corp grew its position in iShares Core High Dividend ETF by 1.5% during the 3rd quarter. M&T Bank Corp now owns 725,191 shares of the exchange traded fund’s stock worth $85,297,000 after purchasing an additional 10,768 shares during the last quarter. Janney Montgomery Scott LLC grew its position in iShares Core High Dividend ETF by 5.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 718,299 shares of the exchange traded fund’s stock worth $80,636,000 after purchasing an additional 37,697 shares during the last quarter. Finally, FMR LLC grew its position in iShares Core High Dividend ETF by 1.7% during the 3rd quarter. FMR LLC now owns 550,464 shares of the exchange traded fund’s stock worth $64,746,000 after purchasing an additional 9,033 shares during the last quarter.

iShares Core High Dividend ETF Trading Down 0.2 %

NYSEARCA:HDV opened at $118.60 on Thursday. The company has a market cap of $10.93 billion, a PE ratio of 19.77 and a beta of 0.82. iShares Core High Dividend ETF has a twelve month low of $105.65 and a twelve month high of $121.70. The company’s 50 day moving average is $115.40 and its two-hundred day moving average is $116.85.

About iShares Core High Dividend ETF

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.