This article first appeared on GuruFocus.
iShares Core High Dividend ETF (HDV) was the sole ETF buying on Monday, Nov. 2, with no funds selling. HDV added $134.1 million in gross trades, lifting 72 positions and trimming none, against $16.25 billion in assets under management.
What did HDV buy on Monday?
Its largest buys by dollar value were XOM ($13.4 million), CVX ($10.2 million) and ABBV ($9.6 million).
Exxon Mobil led the buying with 74,337 shares added, a $13.4 million increase that brought the position to 9.34% of assets. Chevron followed with 44,654 shares for $10.2 million, AbbVie added 33,290 shares for $9.6 million, Procter & Gamble rose 48,316 shares for $7.9 million and Verizon gained 164,127 shares for $7.4 million. None of the top buys were new positions, and HDV exited no holdings.
How does HDV invest?
HDV is an Equity US Income fund holding 73 stocks, with 56.2% of assets in its 10 largest holdings. Consumer Defensive accounts for 26.7% of classified stocks, Energy 24.8% and Healthcare 13.7%, and large caps make up 98.6% of the mix against 1.4% mid-cap. Its expense ratio is 0.08%, and top holdings include Exxon Mobil at 9.34%, Chevron at 7.11%, AbbVie at 6.74%, Procter & Gamble at 5.53% and Verizon at 5.17%. The fund has a GF Score of 77, a P/E of 20.28, a P/B of 2.85, a dividend yield of 4.16% and a year-to-date return of 562.8%.
iShares Core High Dividend ETF (HDV) at a glance
See the full iShares Core High Dividend ETF profile, or compare it with similar funds in the ETF Screener. Its biggest buy this time, XOM, has its own GF Value page and stock summary.
Looking for a fund? Use the ETF Screener, and follow daily fund activity on the ETF Trends page.
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
