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

iShares Core High Dividend ETF (NYSEARCA:HDV) saw unusually-strong trading volume on Tuesday . Approximately 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 Stock Up 0.4 %

The firm has a market cap of $11.16 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. The firm has a fifty day moving average price of $115.91 and a 200-day moving average price of $111.42.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Centaurus Financial Inc. raised its position in shares of iShares Core High Dividend ETF by 8.4% in the 2nd quarter. Centaurus Financial Inc. now owns 1,160 shares of the exchange traded fund’s stock worth $126,000 after buying an additional 90 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 increased its position in 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 in the last quarter. WealthShield Partners LLC raised its holdings in iShares Core High Dividend ETF by 3.6% in the second quarter. WealthShield Partners LLC now owns 2,956 shares of the exchange traded fund’s stock valued at $321,000 after buying an additional 104 shares during the period. Finally, Claro Advisors LLC lifted its position in iShares Core High Dividend ETF by 1.2% during the second quarter. Claro Advisors LLC now owns 8,539 shares of the exchange traded fund’s stock valued at $928,000 after buying an additional 104 shares in the last quarter.

About iShares Core High Dividend ETF

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.