Northwestern Mutual Wealth Management Co. Increases Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 0.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,997 shares of the exchange traded fund’s stock after buying an additional 174 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.15% of iShares Core High Dividend ETF worth $15,217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Meiji Yasuda Life Insurance Co boosted its position in iShares Core High Dividend ETF by 19.7% during the first quarter. Meiji Yasuda Life Insurance Co now owns 3,008,172 shares of the exchange traded fund’s stock worth $331,531,000 after acquiring an additional 495,944 shares during 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 increased its holdings 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 during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in iShares Core High Dividend ETF by 20.1% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 563,410 shares of the exchange traded fund’s stock worth $61,243,000 after buying an additional 94,152 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its stake in iShares Core High Dividend ETF by 2,283.8% during the second quarter. Strategic Financial Concepts LLC now owns 379,398 shares of the exchange traded fund’s stock worth $412,000 after buying an additional 363,482 shares during the last quarter.

iShares Core High Dividend ETF Trading Up 0.5 %

Shares of HDV stock opened at $117.62 on Tuesday. iShares Core High Dividend ETF has a twelve month low of $93.46 and a twelve month high of $119.20. The company’s 50-day moving average price is $115.91 and its 200-day moving average price is $111.42. The stock has a market cap of $11.11 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

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.