McAdam LLC Invests $217,000 in iShares Core High Dividend ETF (NYSEARCA:HDV)

McAdam LLC bought a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,933 shares of the exchange traded fund’s stock, valued at approximately $217,000.

A number of other hedge funds have also recently added to or reduced their stakes in HDV. Blue Trust Inc. purchased a new position in iShares Core High Dividend ETF in the fourth quarter valued at about $25,000. Providence Capital Advisors LLC purchased a new position in iShares Core High Dividend ETF in the third quarter valued at about $32,000. Westside Investment Management Inc. increased its holdings in iShares Core High Dividend ETF by 57.1% in the third quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 108 shares in the last quarter. McClarren Financial Advisors Inc. increased its holdings in iShares Core High Dividend ETF by 53.5% in the third quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 116 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares Core High Dividend ETF by 28.7% in 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 buying an additional 97 shares in the last quarter.

iShares Core High Dividend ETF Trading Up 0.4 %

Shares of iShares Core High Dividend ETF stock opened at $115.03 on Tuesday. iShares Core High Dividend ETF has a 12-month low of $102.31 and a 12-month high of $121.70. The stock has a market cap of $10.86 billion, a PE ratio of 13.82 and a beta of 0.55. The company has a 50-day moving average of $114.82 and a two-hundred day moving average of $116.19.

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.