Formidable Asset Management LLC Sells 6,737 Shares of iShares Core High Dividend ETF $HDV

Formidable Asset Management LLC decreased its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 26.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,751 shares of the exchange traded fund’s stock after selling 6,737 shares during the quarter. Formidable Asset Management LLC’s holdings in iShares Core High Dividend ETF were worth $2,296,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BNP Paribas Financial Markets raised its position in iShares Core High Dividend ETF by 21,062.7% in the third quarter. BNP Paribas Financial Markets now owns 200,411 shares of the exchange traded fund’s stock valued at $24,540,000 after purchasing an additional 199,464 shares during the last quarter. Bank of America Corp DE increased its stake in shares of iShares Core High Dividend ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock valued at $527,484,000 after buying an additional 155,098 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of iShares Core High Dividend ETF by 1,456.0% in the third quarter. Thrivent Financial for Lutherans now owns 134,948 shares of the exchange traded fund’s stock valued at $16,524,000 after buying an additional 126,275 shares during the period. Capital Advisors Wealth Management LLC raised its holdings in iShares Core High Dividend ETF by 781.8% in the 2nd quarter. Capital Advisors Wealth Management LLC now owns 104,075 shares of the exchange traded fund’s stock valued at $12,194,000 after buying an additional 92,273 shares during the last quarter. Finally, Atwater Malick LLC raised its holdings in iShares Core High Dividend ETF by 898.6% in the 3rd quarter. Atwater Malick LLC now owns 98,779 shares of the exchange traded fund’s stock valued at $12,095,000 after buying an additional 88,887 shares during the last quarter.

iShares Core High Dividend ETF Price Performance

NYSEARCA:HDV opened at $133.99 on Friday. iShares Core High Dividend ETF has a one year low of $106.00 and a one year high of $140.89. The company has a market cap of $13.00 billion, a PE ratio of 18.55 and a beta of 0.64. The firm’s 50 day simple moving average is $135.58 and its 200 day simple moving average is $126.82.

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.