iShares Core High Dividend ETF (NYSEARCA:HDV) Reaches New 52-Week High – Should You Buy?

iShares Core High Dividend ETF (NYSEARCA:HDV) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $121.49 and last traded at $121.41, with a volume of 21138 shares trading hands. The stock had previously closed at $120.95.

iShares Core High Dividend ETF Stock Performance

The company has a market cap of $11.48 billion, a PE ratio of 13.82 and a beta of 0.55. The firm has a fifty day simple moving average of $118.29 and a 200 day simple moving average of $114.22.

Institutional Trading of iShares Core High Dividend ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Centaurus Financial Inc. grew its holdings in shares of iShares Core High Dividend ETF by 8.4% during the 2nd quarter. Centaurus Financial Inc. now owns 1,160 shares of the exchange traded fund’s stock worth $126,000 after purchasing an additional 90 shares during the period. Straight Path Wealth Management grew its holdings in shares of iShares Core High Dividend ETF by 1.1% during the 3rd quarter. Straight Path Wealth Management now owns 9,317 shares of the exchange traded fund’s stock worth $1,096,000 after purchasing an additional 97 shares during the period. Jaffetilchin Investment Partners LLC grew its holdings in shares of iShares Core High Dividend ETF by 0.7% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 14,647 shares of the exchange traded fund’s stock worth $1,592,000 after purchasing an additional 99 shares during the period. Parsons Capital Management Inc. RI grew its holdings in shares of iShares Core High Dividend ETF by 0.9% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 11,160 shares of the exchange traded fund’s stock worth $1,213,000 after purchasing an additional 100 shares during the period. Finally, WealthShield Partners LLC grew its holdings in shares of iShares Core High Dividend ETF by 3.6% during the 2nd quarter. WealthShield Partners LLC now owns 2,956 shares of the exchange traded fund’s stock worth $321,000 after purchasing an additional 104 shares during the period.

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.