MJP Associates Inc. ADV Purchases 3,402 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

MJP Associates Inc. ADV grew its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 7.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 48,265 shares of the exchange traded fund’s stock after buying an additional 3,402 shares during the period. iShares Core High Dividend ETF comprises about 1.3% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 14th biggest position. MJP Associates Inc. ADV’s holdings in iShares Core High Dividend ETF were worth $4,923,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bryn Mawr Capital Management LLC boosted its stake in iShares Core High Dividend ETF by 4.7% in the 2nd quarter. Bryn Mawr Capital Management LLC now owns 2,218 shares of the exchange traded fund’s stock worth $224,000 after purchasing an additional 100 shares during the period. Meridian Wealth Management LLC boosted its holdings in iShares Core High Dividend ETF by 2.9% in the 4th quarter. Meridian Wealth Management LLC now owns 3,562 shares of the exchange traded fund’s stock valued at $371,000 after purchasing an additional 100 shares during the period. US Bancorp DE boosted its holdings in iShares Core High Dividend ETF by 3.7% in the 1st quarter. US Bancorp DE now owns 2,847 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 102 shares during the period. NewEdge Advisors LLC boosted its holdings in iShares Core High Dividend ETF by 0.8% in the 1st quarter. NewEdge Advisors LLC now owns 13,377 shares of the exchange traded fund’s stock valued at $1,430,000 after purchasing an additional 109 shares during the period. Finally, Lake Street Financial LLC boosted its stake in iShares Core High Dividend ETF by 3.2% during the third quarter. Lake Street Financial LLC now owns 3,561 shares of the exchange traded fund’s stock valued at $354,000 after buying an additional 110 shares during the period.

iShares Core High Dividend ETF Stock Up 1.6 %

NYSEARCA:HDV traded up $1.72 during trading hours on Wednesday, hitting $109.49. 473,880 shares of the company’s stock traded hands, compared to its average volume of 652,511. The firm has a market cap of $11.30 billion, a P/E ratio of 16.13 and a beta of 0.81. The business’s fifty day simple moving average is $105.26 and its two-hundred day simple moving average is $101.67. iShares Core High Dividend ETF has a 52 week low of $93.46 and a 52 week high of $109.63.

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.