iShares Core High Dividend ETF Target of Unusually Large Options Trading (NYSEARCA:HDV)

iShares Core High Dividend ETF (NYSEARCA:HDV) was the recipient of unusually large options trading activity on Friday. Stock traders purchased 15,907 call options on the stock. This is an increase of approximately 3,270% compared to the average volume of 472 call options.

iShares Core High Dividend ETF Price Performance

iShares Core High Dividend ETF stock opened at $108.05 on Friday. The firm’s fifty day moving average price is $107.10 and its 200 day moving average price is $102.55. The company has a market capitalization of $10.29 billion, a price-to-earnings ratio of 13.70 and a beta of 0.55. iShares Core High Dividend ETF has a 12-month low of $93.46 and a 12-month high of $110.33.

Institutional Investors Weigh In On iShares Core High Dividend ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ironwood Wealth Management LLC. grew its position in shares of iShares Core High Dividend ETF by 2.8% during the 1st quarter. Ironwood Wealth Management LLC. now owns 14,674 shares of the exchange traded fund’s stock valued at $1,569,000 after buying an additional 404 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of iShares Core High Dividend ETF by 70.2% during the 1st quarter. Bank of New York Mellon Corp now owns 21,455 shares of the exchange traded fund’s stock valued at $2,293,000 after buying an additional 8,849 shares during the last quarter. US Bancorp DE grew its position in shares of iShares Core High Dividend ETF by 3.7% during the 1st quarter. US Bancorp DE now owns 2,847 shares of the exchange traded fund’s stock valued at $304,000 after buying an additional 102 shares during the last quarter. BlackRock Inc. grew its position in shares of iShares Core High Dividend ETF by 6.5% during the 1st quarter. BlackRock Inc. now owns 600,006 shares of the exchange traded fund’s stock valued at $64,134,000 after buying an additional 36,500 shares during the last quarter. Finally, Synovus Financial Corp grew its position in shares of iShares Core High Dividend ETF by 30.8% during the 1st quarter. Synovus Financial Corp now owns 13,631 shares of the exchange traded fund’s stock valued at $1,457,000 after buying an additional 3,208 shares during the last quarter.

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.