iShares Core High Dividend ETF (NYSEARCA:HDV) Shares Sold by Summit Wealth Partners LLC

Summit Wealth Partners LLC lessened its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 0.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 41,279 shares of the exchange traded fund’s stock after selling 222 shares during the period. iShares Core High Dividend ETF makes up approximately 1.0% of Summit Wealth Partners LLC’s investment portfolio, making the stock its 25th largest position. Summit Wealth Partners LLC’s holdings in iShares Core High Dividend ETF were worth $4,634,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. acquired a new position in shares of iShares Core High Dividend ETF during the 4th quarter worth $25,000. Providence Capital Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF during the 3rd quarter worth $32,000. Westside Investment Management Inc. raised its stake in shares of iShares Core High Dividend ETF by 57.1% during the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 108 shares during the last quarter. McClarren Financial Advisors Inc. raised its stake in shares of iShares Core High Dividend ETF by 53.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 116 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares Core High Dividend ETF by 28.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 435 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 97 shares during the last quarter.

iShares Core High Dividend ETF Trading Up 0.4 %

Shares of HDV stock opened at $115.32 on Thursday. The firm has a 50-day moving average price of $114.59 and a 200 day moving average price of $116.20. iShares Core High Dividend ETF has a twelve month low of $102.31 and a twelve month high of $121.70. The company has a market capitalization of $10.89 billion, a price-to-earnings 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.