NewEdge Wealth LLC lowered its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV – Free Report) by 88.6% in the first quarter, HoldingsChannel reports. The firm owned 2,675 shares of the exchange traded fund’s stock after selling 20,706 shares during the period. NewEdge Wealth LLC’s holdings in iShares Core High Dividend ETF were worth $363,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. boosted its position in iShares Core High Dividend ETF by 101.9% in the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 109 shares in the last quarter. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF in the 1st quarter worth approximately $26,000. Laurel Wealth Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF in the 4th quarter worth approximately $28,000. EQ Wealth Advisors LLC bought a new stake in iShares Core High Dividend ETF during the 4th quarter worth approximately $40,000. Finally, Syntax Research Inc. grew its position in iShares Core High Dividend ETF by 151.5% during the 4th quarter. Syntax Research Inc. now owns 415 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 250 shares during the last quarter.
iShares Core High Dividend ETF Stock Performance
Shares of HDV opened at $29.12 on Thursday. The stock has a fifty day moving average price of $27.74 and a two-hundred day moving average price of $27.18. iShares Core High Dividend ETF has a 52-week low of $23.51 and a 52-week high of $29.61. The company has a market cap of $14.73 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53.
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.
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