Valeo Financial Advisors LLC Sells 155,006 Shares of iShares Core High Dividend ETF $HDV

Valeo Financial Advisors LLC lowered its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 85.2% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 26,945 shares of the exchange traded fund’s stock after selling 155,006 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $3,157,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cullen Frost Bankers Inc. grew its holdings in iShares Core High Dividend ETF by 344.1% during the first quarter. Cullen Frost Bankers Inc. now owns 262 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 203 shares during the period. Banque Cantonale Vaudoise bought a new stake in shares of iShares Core High Dividend ETF during the first quarter worth approximately $39,000. EQ Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF during the first quarter worth approximately $40,000. Headlands Technologies LLC bought a new stake in shares of iShares Core High Dividend ETF during the first quarter worth approximately $46,000. Finally, Westside Investment Management Inc. boosted its holdings in shares of iShares Core High Dividend ETF by 41.1% during the first quarter. Westside Investment Management Inc. now owns 419 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 122 shares during the period.

iShares Core High Dividend ETF Stock Down 0.5%

Shares of NYSEARCA:HDV opened at $121.78 on Tuesday. iShares Core High Dividend ETF has a 12-month low of $106.00 and a 12-month high of $124.03. The stock has a market cap of $11.60 billion, a PE ratio of 18.55 and a beta of 0.81. The business has a 50 day moving average of $121.54 and a 200-day moving average of $118.11.

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.