iShares Core High Dividend ETF (NYSEARCA:HDV) Sees Large Volume Increase

iShares Core High Dividend ETF (NYSEARCA:HDV) saw strong trading volume on Tuesday . 1,150,193 shares changed hands during trading, an increase of 157% from the previous session’s volume of 448,325 shares.The stock last traded at $117.90 and had previously closed at $117.62.

iShares Core High Dividend ETF Price Performance

The business’s fifty day moving average price is $115.91 and its two-hundred day moving average price is $111.42. The stock has a market capitalization of $11.16 billion, a PE ratio of 13.82 and a beta of 0.55.

Institutional Trading of iShares Core High Dividend ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Elevate Wealth Advisory Inc. acquired a new stake in shares of iShares Core High Dividend ETF during the 4th quarter valued at about $30,000. Chilton Capital Management LLC acquired a new stake in iShares Core High Dividend ETF in the second quarter valued at approximately $33,000. Russell Investments Group Ltd. increased its position in shares of iShares Core High Dividend ETF by 56.4% in the first quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 128 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Core High Dividend ETF during the 2nd quarter worth approximately $41,000. Finally, Sound Income Strategies LLC lifted its position in shares of iShares Core High Dividend ETF by 1,052.9% during the 1st quarter. Sound Income Strategies LLC now owns 392 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 358 shares in the last quarter.

iShares Core High Dividend ETF Company 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.