Wedbush Securities Inc. Lowers Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Wedbush Securities Inc. decreased its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 14.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,874 shares of the exchange traded fund’s stock after selling 1,359 shares during the quarter. Wedbush Securities Inc.’s holdings in iShares Core High Dividend ETF were worth $856,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in HDV. Vantage Financial Partners LLC bought a new stake in iShares Core High Dividend ETF during the 4th quarter valued at $507,000. Natixis Advisors L.P. boosted its position in iShares Core High Dividend ETF by 5.5% during the fourth quarter. Natixis Advisors L.P. now owns 14,332 shares of the exchange traded fund’s stock valued at $1,461,000 after purchasing an additional 749 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in iShares Core High Dividend ETF by 2.8% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 17,131 shares of the exchange traded fund’s stock valued at $1,747,000 after purchasing an additional 474 shares in the last quarter. Wade G W & Inc. purchased a new position in iShares Core High Dividend ETF in the fourth quarter valued at about $471,000. Finally, Sound View Wealth Advisors Group LLC raised its holdings in iShares Core High Dividend ETF by 7.2% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 9,870 shares of the exchange traded fund’s stock worth $1,007,000 after purchasing an additional 659 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

NYSEARCA:HDV opened at $116.29 on Thursday. The company’s 50-day simple moving average is $113.99 and its 200-day simple moving average is $110.38. iShares Core High Dividend ETF has a fifty-two week low of $93.46 and a fifty-two week high of $119.07. The stock has a market capitalization of $10.98 billion, a P/E ratio of 13.82 and a beta of 0.55.

iShares Core High Dividend ETF 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.