Pettinga Financial Advisors LLC Takes $770,000 Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Pettinga Financial Advisors LLC acquired a new stake in shares of 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 8,250 shares of the exchange traded fund’s stock, valued at approximately $770,000.

A number of other hedge funds have also added to or reduced their stakes in HDV. Bank of New York Mellon Corp raised its stake in shares of iShares Core High Dividend ETF by 111.6% in the third quarter. Bank of New York Mellon Corp now owns 81,895 shares of the exchange traded fund’s stock valued at $7,415,000 after acquiring an additional 43,192 shares during the period. JPMorgan Chase & Co. increased its stake in iShares Core High Dividend ETF by 9.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 62,216 shares of the exchange traded fund’s stock worth $5,633,000 after buying an additional 5,146 shares during the period. Naples Global Advisors LLC increased its stake in iShares Core High Dividend ETF by 19.3% in the 4th quarter. Naples Global Advisors LLC now owns 5,598 shares of the exchange traded fund’s stock worth $481,000 after buying an additional 905 shares during the period. Creative Planning increased its stake in iShares Core High Dividend ETF by 16.8% in the 4th quarter. Creative Planning now owns 8,143 shares of the exchange traded fund’s stock worth $687,000 after buying an additional 1,174 shares during the period. Finally, Providence Capital Advisors LLC purchased a new position in iShares Core High Dividend ETF in the 4th quarter worth about $333,000.

HDV stock traded up $0.43 during trading on Friday, hitting $94.50. The company had a trading volume of 213,170 shares, compared to its average volume of 561,230. iShares Core High Dividend ETF has a 52-week low of $79.39 and a 52-week high of $95.59. The firm has a 50 day moving average of $93.30.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Tuesday, June 18th were issued a dividend of $0.7504 per share. This represents a $3.00 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend was Monday, June 17th.

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

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