HDV Stock Summary and Trading Ideas (iShares Core High Dividend ETF | ARCA:HDV)

The iShares High Dividend Equity Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Morningstar Dividend Yield Focus Index. The Morningstar Dividend Yield Focus Index is designed to measure the performance of a select group of U.S. equity securities issued by companies that have provided relatively high dividend yields on a consistent basis.

iShares Core High Dividend ETF trades on the ARCA stock market under the symbol HDV.

As of November 5, 2024, HDV stock price climbed to $118.02 with 128,172 million shares trading.

HDV has a beta of 0.18, meaning it tends to be less sensitive to market movements. HDV has a correlation of 0.06 to the broad based SPY ETF.

HDV has a market cap of $11.15 billion. This is considered a Large Cap stock.

In the last 3 years, HDV traded as high as $119.74 and as low as $91.24.

HDV has underperformed the market in the last year with a return of +24.6%, while the SPY ETF gained +34.3%. In the last 3 month period, HDV fell short of the market, returning +4.3%, while SPY returned +8.5%. However, in the most recent 2 weeks HDV has outperformed the stock market by returning -0.4%, while SPY returned -1.2%.

HDV support price is $116.57 and resistance is $117.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HDV shares will trade within this expected range on the day.