Birchcreek Wealth Management LLC Cuts Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Birchcreek Wealth Management LLC reduced its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 16.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,456 shares of the exchange traded fund’s stock after selling 501 shares during the quarter. Birchcreek Wealth Management LLC’s holdings in iShares Core High Dividend ETF were worth $250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of HDV. Vantage Financial Partners LLC purchased a new position in shares of iShares Core High Dividend ETF in the fourth quarter worth $507,000. Transcend Capital Advisors LLC bought a new stake in iShares Core High Dividend ETF in the fourth quarter valued at $1,780,000. Kovack Advisors Inc. raised its holdings in iShares Core High Dividend ETF by 12.9% in the 4th quarter. Kovack Advisors Inc. now owns 8,871 shares of the exchange traded fund’s stock worth $905,000 after purchasing an additional 1,015 shares in the last quarter. Atria Wealth Solutions Inc. lifted its position in shares of iShares Core High Dividend ETF by 4.4% in the 4th quarter. Atria Wealth Solutions Inc. now owns 225,536 shares of the exchange traded fund’s stock worth $23,003,000 after purchasing an additional 9,491 shares during the period. Finally, Financial Perspectives Inc lifted its position in shares of iShares Core High Dividend ETF by 3.0% in the 4th quarter. Financial Perspectives Inc now owns 66,394 shares of the exchange traded fund’s stock worth $6,771,000 after purchasing an additional 1,944 shares during the period.

iShares Core High Dividend ETF Price Performance

Shares of NYSEARCA HDV opened at $109.22 on Tuesday. iShares Core High Dividend ETF has a 1 year low of $93.46 and a 1 year high of $110.33. The stock has a market capitalization of $10.40 billion, a P/E ratio of 13.70 and a beta of 0.55. The company’s 50-day moving average is $107.71 and its 200 day moving average is $103.10.

iShares Core High Dividend ETF Company 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.