Sowell Financial Services LLC Has $2.15 Million Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Sowell Financial Services LLC reduced its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 8.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,131 shares of the exchange traded fund’s stock after selling 1,661 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares Core High Dividend ETF were worth $2,148,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its holdings in iShares Core High Dividend ETF by 17.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 57,543 shares of the exchange traded fund’s stock worth $6,460,000 after buying an additional 8,639 shares in the last quarter. AMG National Trust Bank lifted its holdings in iShares Core High Dividend ETF by 25.9% during the 4th quarter. AMG National Trust Bank now owns 21,750 shares of the exchange traded fund’s stock worth $2,437,000 after buying an additional 4,472 shares in the last quarter. Foundry Financial Group Inc. lifted its holdings in iShares Core High Dividend ETF by 2.6% during the 4th quarter. Foundry Financial Group Inc. now owns 45,831 shares of the exchange traded fund’s stock worth $5,145,000 after buying an additional 1,176 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in iShares Core High Dividend ETF during the 4th quarter worth $397,000. Finally, Vestmark Advisory Solutions Inc. acquired a new position in iShares Core High Dividend ETF during the 4th quarter worth $1,042,000.

iShares Core High Dividend ETF Stock Performance

NYSEARCA:HDV opened at $120.26 on Monday. The stock’s fifty day moving average price is $115.67 and its two-hundred day moving average price is $116.91. iShares Core High Dividend ETF has a 52-week low of $105.65 and a 52-week high of $121.70. The company has a market cap of $11.08 billion, a price-to-earnings ratio of 19.77 and a beta of 0.82.

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.