Magnolia Capital Advisors LLC Purchases 904 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Magnolia Capital Advisors LLC raised its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 28.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,032 shares of the exchange traded fund’s stock after buying an additional 904 shares during the quarter. Magnolia Capital Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $438,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Meiji Yasuda Life Insurance Co grew its position in shares of iShares Core High Dividend ETF by 19.7% in the first quarter. Meiji Yasuda Life Insurance Co now owns 3,008,172 shares of the exchange traded fund’s stock valued at $331,531,000 after purchasing an additional 495,944 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares Core High Dividend ETF by 6.1% in the second quarter. LPL Financial LLC now owns 1,967,035 shares of the exchange traded fund’s stock valued at $213,817,000 after purchasing an additional 112,780 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of iShares Core High Dividend ETF by 2.6% in the first quarter. Janney Montgomery Scott LLC now owns 647,251 shares of the exchange traded fund’s stock valued at $71,334,000 after purchasing an additional 16,579 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of iShares Core High Dividend ETF by 20.1% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 563,410 shares of the exchange traded fund’s stock valued at $61,243,000 after purchasing an additional 94,152 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its position in shares of iShares Core High Dividend ETF by 2,283.8% in the second quarter. Strategic Financial Concepts LLC now owns 379,398 shares of the exchange traded fund’s stock valued at $412,000 after purchasing an additional 363,482 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA HDV opened at $117.62 on Tuesday. The stock has a market cap of $11.11 billion, a PE ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a fifty-two week low of $93.46 and a fifty-two week high of $119.20. The stock has a fifty day moving average of $115.91 and a 200-day moving average of $111.42.

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.