SBI Securities Co. Ltd. Makes New $26.27 Million Investment in iShares Core High Dividend ETF (NYSEARCA:HDV)

SBI Securities Co. Ltd. purchased a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 234,021 shares of the exchange traded fund’s stock, valued at approximately $26,271,000. iShares Core High Dividend ETF accounts for about 0.8% of SBI Securities Co. Ltd.’s holdings, making the stock its 20th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pinnacle Associates Ltd. boosted its position in shares of iShares Core High Dividend ETF by 13.1% during the 3rd quarter. Pinnacle Associates Ltd. now owns 10,720 shares of the exchange traded fund’s stock worth $1,261,000 after purchasing an additional 1,242 shares in the last quarter. US Bancorp DE boosted its holdings in iShares Core High Dividend ETF by 17.4% in the third quarter. US Bancorp DE now owns 16,453 shares of the exchange traded fund’s stock worth $1,935,000 after acquiring an additional 2,434 shares in the last quarter. Stephens Inc. AR increased its holdings in shares of iShares Core High Dividend ETF by 1.8% during the third quarter. Stephens Inc. AR now owns 18,363 shares of the exchange traded fund’s stock valued at $2,160,000 after acquiring an additional 321 shares in the last quarter. Gladstone Institutional Advisory LLC raised its position in shares of iShares Core High Dividend ETF by 0.8% during the third quarter. Gladstone Institutional Advisory LLC now owns 16,281 shares of the exchange traded fund’s stock worth $1,915,000 after purchasing an additional 128 shares during the period. Finally, Farther Finance Advisors LLC grew its position in iShares Core High Dividend ETF by 5.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,475 shares of the exchange traded fund’s stock valued at $408,000 after purchasing an additional 177 shares during the period.

iShares Core High Dividend ETF Trading Up 1.1 %

HDV opened at $120.72 on Friday. iShares Core High Dividend ETF has a 1-year low of $105.47 and a 1-year high of $121.70. The company has a market cap of $11.12 billion, a price-to-earnings ratio of 19.77 and a beta of 0.82. The company’s fifty day moving average price is $114.99 and its two-hundred day moving average price is $116.76.

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.