Summary
HDV: The Monthly Payout Change Doesn't Solve Its Problems
iShares Core High Dividend ETF is rated Hold, best suited as a satellite position, not a core dividend holding. HDV delivers a consistent 3% yield and monthly payouts but lags SCHD and DGRO in long-term total returns and dividend growth. Recent outperformance in the 5-year window is driven by 2022's energy surge and tech sell-off, unlikely to repeat soon.
Is iShares Core High Dividend ETF (HDV) a Strong ETF Right Now?
Launched on 03/29/2011, the iShares Core High Dividend ETF (HDV) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Value category of the market.
The Energy and Pharma Giants Quietly Funding HDV's 3% Yield, and How Safe Each One Is
The iShares Core High Dividend ETF (NYSEARCA:HDV) leans hard on two sectors to fund its payout.
iShares Core High Dividend ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 298,144 | $7.31M | $8.57M | $1.26M | 17.23% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 250 | $5,021.75 | $7,182.5 | $2,160.75 | 43.03% |
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 395 | $8,901.9 | $11,348.35 | $2,446.45 | 27.48% |
 Curtis Ellergodt Rothschild Investment LLC | 3,550 | $72,412.9 | $101,991.5 | $29,578.6 | 40.85% |
| BN Beth Nauman UNIVEST FINANCIAL Corp. | 10,000 | $274,100 | $287,800 | $13,700 | 5% |
iShares Core High Dividend ETF (HDV) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has iShares Core High Dividend ETF ever had a stock split?
iShares Core High Dividend ETF Profile
| ARCA Exchange | US Country |
Overview
This fund is designed for investors seeking to invest in income-paying securities, complemented by a strategy focused on company quality and financial health. The fund invests primarily in securities that are part of its underlying index, aiming to mirror its performance. The underlying index itself is selected based on comprehensive criteria developed by Morningstar, Inc., ensuring that only securities from financially healthy and high-quality companies are included. Despite its focus on income, the fund maintains a non-diversified status, meaning it may invest more heavily in fewer securities, potentially increasing risk and reward. This approach underscores the fund's objective to deliver income while also considering the longevity and robustness of its chosen investments through a meticulously curated index.
Products and Services
- Income-Paying Securities Investment:
- Index-Based Investment Strategy:
- Non-Diversified Fund Structure:
The core service of this fund revolves around investing in a variety of income-paying securities. These can include bonds, dividend-paying stocks, and other financial instruments that provide regular income. The fund targets these investments to produce a steady income stream for its investors, aligning with the goal of income generation alongside capital appreciation.
Adhering to an index-based investment strategy, the fund aims to replicate the performance of its underlying index, which is carefully constructed by Morningstar, Inc. This methodology ensures that only securities that pass a rigorous quality and financial health screening are included, optimizing the balance between risk and return. The fund’s strategy emphasizes the importance of economic characteristics that are substantially identical to the component securities of its underlying index, offering investors a focused and methodical approach to income investing.
While many funds spread their investments across a wide array of securities to dilute risk, this fund adopts a non-diversified approach. This means it may concentrate its investments in a smaller number of securities, allowing for potentially higher returns from those securities. However, this approach also carries a higher level of risk since the fund's performance is more closely tied to the fortunes of fewer investments. For investors, this structure highlights a balance between the pursuit of higher income and the acceptance of potentially greater volatility.
