Transcend Capital Advisors LLC Buys New Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Transcend Capital Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,450 shares of the exchange traded fund’s stock, valued at approximately $1,780,000.

Other institutional investors have also recently bought and sold shares of the company. Financial Management Professionals Inc. bought a new position in shares of iShares Core High Dividend ETF in the fourth quarter valued at about $25,000. Wetzel Investment Advisors Inc. acquired a new position in iShares Core High Dividend ETF in the 4th quarter valued at about $26,000. Hazlett Burt & Watson Inc. bought a new position in iShares Core High Dividend ETF in the 4th quarter valued at about $39,000. Stephens Consulting LLC acquired a new stake in iShares Core High Dividend ETF during the fourth quarter worth approximately $72,000. Finally, Fifth Third Bancorp boosted its holdings in shares of iShares Core High Dividend ETF by 882.8% during the third quarter. Fifth Third Bancorp now owns 855 shares of the exchange traded fund’s stock worth $85,000 after acquiring an additional 768 shares during the period.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA HDV traded down $0.74 during trading hours on Friday, reaching $108.58. 261,272 shares of the stock were exchanged, compared to its average volume of 571,308. The stock’s fifty day simple moving average is $107.62 and its 200 day simple moving average is $102.97. The firm has a market capitalization of $10.34 billion, a price-to-earnings ratio of 13.70 and a beta of 0.55. iShares Core High Dividend ETF has a 52 week low of $93.46 and a 52 week high of $110.33.

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.