Townsend & Associates Inc Has $42.72 Million Stock Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Townsend & Associates Inc trimmed its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 0.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 370,616 shares of the exchange traded fund’s stock after selling 1,329 shares during the period. iShares Core High Dividend ETF comprises 4.4% of Townsend & Associates Inc’s investment portfolio, making the stock its 3rd biggest position. Townsend & Associates Inc’s holdings in iShares Core High Dividend ETF were worth $42,717,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in HDV. Orion Portfolio Solutions LLC grew its position in iShares Core High Dividend ETF by 372.6% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 479,666 shares of the exchange traded fund’s stock worth $56,418,000 after purchasing an additional 378,179 shares in the last quarter. Strategic Financial Concepts LLC grew its position in iShares Core High Dividend ETF by 10,416.1% in the 4th quarter. Strategic Financial Concepts LLC now owns 341,564 shares of the exchange traded fund’s stock worth $38,344,000 after purchasing an additional 338,316 shares in the last quarter. International Assets Investment Management LLC grew its position in iShares Core High Dividend ETF by 13,316.2% in the 3rd quarter. International Assets Investment Management LLC now owns 281,875 shares of the exchange traded fund’s stock worth $33,154,000 after purchasing an additional 279,774 shares in the last quarter. LPL Financial LLC grew its position in iShares Core High Dividend ETF by 13.7% in the 3rd quarter. LPL Financial LLC now owns 2,236,027 shares of the exchange traded fund’s stock worth $263,001,000 after purchasing an additional 268,992 shares in the last quarter. Finally, World Investment Advisors LLC bought a new stake in iShares Core High Dividend ETF in the 3rd quarter worth about $28,952,000.

iShares Core High Dividend ETF Stock Up 0.3 %

iShares Core High Dividend ETF stock opened at $119.94 on Friday. iShares Core High Dividend ETF has a twelve month low of $104.92 and a twelve month high of $121.70. The firm has a 50 day moving average price of $114.23 and a 200-day moving average price of $116.53. The company has a market capitalization of $11.33 billion, a P/E ratio of 13.82 and a beta of 0.55.

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.