Element Wealth LLC Decreases Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Element Wealth LLC cut its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 6.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,223 shares of the exchange traded fund’s stock after selling 562 shares during the period. Element Wealth LLC’s holdings in iShares Core High Dividend ETF were worth $923,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. purchased a new position in iShares Core High Dividend ETF in the fourth quarter valued at $25,000. Providence Capital Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF during the 3rd quarter worth about $32,000. Westside Investment Management Inc. increased its holdings in shares of iShares Core High Dividend ETF by 57.1% in the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 108 shares during the last quarter. Roxbury Financial LLC acquired a new stake in shares of iShares Core High Dividend ETF during the 4th quarter worth about $42,000. Finally, YANKCOM Partnership acquired a new stake in shares of iShares Core High Dividend ETF during the 4th quarter worth about $45,000.

iShares Core High Dividend ETF Stock Up 0.3 %

Shares of HDV opened at $119.94 on Friday. The company has a market capitalization of $11.33 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 52-week low of $104.92 and a 52-week high of $121.70. The stock has a 50 day moving average price of $114.23 and a 200 day moving average price of $116.50.

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.