New England Private Wealth Advisors LLC Trims Stock Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

New England Private Wealth Advisors LLC reduced its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 12.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,078 shares of the exchange traded fund’s stock after selling 453 shares during the quarter. New England Private Wealth Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $314,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in HDV. Atria Wealth Solutions Inc. grew its position in shares of iShares Core High Dividend ETF by 4.4% in the 4th quarter. Atria Wealth Solutions Inc. now owns 225,536 shares of the exchange traded fund’s stock worth $23,003,000 after buying an additional 9,491 shares during the period. Financial Perspectives Inc grew its position in shares of iShares Core High Dividend ETF by 3.0% in the 4th quarter. Financial Perspectives Inc now owns 66,394 shares of the exchange traded fund’s stock worth $6,771,000 after buying an additional 1,944 shares during the period. Element Wealth LLC grew its position in shares of iShares Core High Dividend ETF by 9.5% in the 4th quarter. Element Wealth LLC now owns 10,242 shares of the exchange traded fund’s stock worth $1,045,000 after buying an additional 891 shares during the period. Stephens Consulting LLC purchased a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth about $72,000. Finally, Criterion Capital Advisors LLC purchased a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth about $195,000.

iShares Core High Dividend ETF Stock Down 0.7 %

Shares of NYSEARCA:HDV traded down $0.78 during midday trading on Friday, reaching $108.54. The company’s stock had a trading volume of 261,266 shares, compared to its average volume of 571,308. The firm has a 50 day moving average of $107.62 and a 200-day moving average of $102.94. The firm has a market capitalization of $10.33 billion, a P/E ratio of 13.70 and a beta of 0.55. iShares Core High Dividend ETF has a 12-month low of $93.46 and a 12-month high of $110.33.

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.