NewEdge Wealth LLC Sells 20,706 Shares of iShares Core High Dividend ETF $HDV

NewEdge Wealth LLC cut its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 88.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,675 shares of the exchange traded fund’s stock after selling 20,706 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Core High Dividend ETF were worth $363,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HDV. Corient Private Wealth LLC boosted its stake in iShares Core High Dividend ETF by 195.8% during the fourth quarter. Corient Private Wealth LLC now owns 130,068 shares of the exchange traded fund’s stock worth $15,818,000 after buying an additional 86,089 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of iShares Core High Dividend ETF by 36.3% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 23,725 shares of the exchange traded fund’s stock worth $2,885,000 after acquiring an additional 6,313 shares during the period. Base Wealth Management LLC lifted its holdings in shares of iShares Core High Dividend ETF by 9.2% during the 4th quarter. Base Wealth Management LLC now owns 68,775 shares of the exchange traded fund’s stock worth $8,364,000 after acquiring an additional 5,776 shares during the period. 1900 Wealth Management LLC boosted its position in shares of iShares Core High Dividend ETF by 59.5% during the 4th quarter. 1900 Wealth Management LLC now owns 16,844 shares of the exchange traded fund’s stock valued at $2,048,000 after acquiring an additional 6,283 shares in the last quarter. Finally, Chatterton & Associates Inc. acquired a new stake in shares of iShares Core High Dividend ETF during the 4th quarter valued at about $546,000.

iShares Core High Dividend ETF Stock Down 0.1%

NYSEARCA HDV opened at $29.12 on Thursday. iShares Core High Dividend ETF has a twelve month low of $23.51 and a twelve month high of $29.61. The stock has a market cap of $14.73 billion, a P/E ratio of 18.55 and a beta of 0.53. The company’s 50-day simple moving average is $27.74 and its 200 day simple moving average is $27.18.

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.