Litman Gregory Wealth Management LLC Sells 574 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Litman Gregory Wealth Management LLC reduced its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 5.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,355 shares of the exchange traded fund’s stock after selling 574 shares during the period. Litman Gregory Wealth Management LLC’s holdings in iShares Core High Dividend ETF were worth $1,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Alpha Omega Wealth Management LLC increased its position in iShares Core High Dividend ETF by 2.1% during the 4th quarter. Alpha Omega Wealth Management LLC now owns 5,023 shares of the exchange traded fund’s stock valued at $512,000 after buying an additional 103 shares in the last quarter. Nottingham Advisors Inc. increased its position in iShares Core High Dividend ETF by 2.6% during the 4th quarter. Nottingham Advisors Inc. now owns 27,008 shares of the exchange traded fund’s stock valued at $2,755,000 after buying an additional 676 shares in the last quarter. Financial Insights Inc. acquired a new position in iShares Core High Dividend ETF during the 3rd quarter valued at about $241,000. NBC Securities Inc. acquired a new position in iShares Core High Dividend ETF during the 3rd quarter valued at about $101,000. Finally, Creative Planning increased its position in iShares Core High Dividend ETF by 6.2% during the 3rd quarter. Creative Planning now owns 213,313 shares of the exchange traded fund’s stock valued at $21,095,000 after buying an additional 12,416 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

NYSEARCA:HDV traded up $1.29 during mid-day trading on Friday, hitting $107.97. 363,253 shares of the company’s stock traded hands, compared to its average volume of 587,841. The company has a fifty day moving average of $107.10 and a 200 day moving average of $102.51. iShares Core High Dividend ETF has a twelve month low of $93.46 and a twelve month high of $110.33. The company has a market capitalization of $10.28 billion, a P/E ratio of 13.70 and a beta of 0.55.

About iShares Core High Dividend ETF

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.