Merit Financial Group LLC Invests $310,000 in iShares Core High Dividend ETF (NYSEARCA:HDV)

Merit Financial Group LLC acquired a new stake in iShares Core High Dividend ETF (NYSEARCA:HDV) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,332 shares of the exchange traded fund’s stock, valued at approximately $310,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in HDV. Ellis Investment Partners LLC raised its position in iShares Core High Dividend ETF by 9,291.7% during the first quarter. Ellis Investment Partners LLC now owns 1,914,777 shares of the exchange traded fund’s stock worth $1,914,000 after acquiring an additional 1,894,389 shares during the last quarter. Advisor Group Inc. grew its holdings in iShares Core High Dividend ETF by 653.0% in the fourth quarter. Advisor Group Inc. now owns 819,914 shares of the exchange traded fund’s stock valued at $69,212,000 after purchasing an additional 711,026 shares during the period. Bank of America Corp DE grew its holdings in iShares Core High Dividend ETF by 31.1% in the fourth quarter. Bank of America Corp DE now owns 2,809,390 shares of the exchange traded fund’s stock valued at $237,056,000 after purchasing an additional 667,227 shares during the period. QS Investors LLC grew its holdings in iShares Core High Dividend ETF by 5,472.9% in the fourth quarter. QS Investors LLC now owns 386,757 shares of the exchange traded fund’s stock valued at $32,635,000 after purchasing an additional 379,817 shares during the period. Finally, Deutsche Bank AG acquired a new position in iShares Core High Dividend ETF during the fourth quarter valued at approximately $30,376,000.

HDV stock traded down $0.91 during midday trading on Monday, reaching $93.30. 225 shares of the company’s stock traded hands, compared to its average volume of 586,146. iShares Core High Dividend ETF has a fifty-two week low of $79.39 and a fifty-two week high of $95.51.

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Institutional Ownership by Quarter for iShares Core High Dividend ETF (NYSEARCA:HDV)

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