Archer Investment Corp Buys 290 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Archer Investment Corp increased its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.3% in the 4th quarter, HoldingsChannel reports. The fund owned 8,951 shares of the exchange traded fund’s stock after acquiring an additional 290 shares during the period. Archer Investment Corp’s holdings in iShares Core High Dividend ETF were worth $913,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Financial Management Professionals Inc. acquired a new stake in iShares Core High Dividend ETF during the fourth quarter valued at $25,000. Russell Investments Group Ltd. acquired a new stake in shares of iShares Core High Dividend ETF during the 2nd quarter valued at about $26,000. Tyler Stone Wealth Management acquired a new position in iShares Core High Dividend ETF in the 2nd quarter worth about $29,000. Hazlett Burt & Watson Inc. purchased a new position in iShares Core High Dividend ETF during the fourth quarter worth approximately $39,000. Finally, Fortis Capital Advisors LLC acquired a new stake in iShares Core High Dividend ETF in the fourth quarter valued at approximately $42,000.

iShares Core High Dividend ETF Stock Performance

iShares Core High Dividend ETF stock traded up $0.28 during trading on Wednesday, reaching $106.13. The company had a trading volume of 225,774 shares, compared to its average volume of 594,731. The firm has a market capitalization of $10.10 billion, a PE ratio of 13.70 and a beta of 0.55. The firm’s 50-day simple moving average is $106.89 and its 200 day simple moving average is $102.38. iShares Core High Dividend ETF has a 1-year low of $93.46 and a 1-year high of $110.33.

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.