Patten Group Inc. Reduces Position in iShares Core High Dividend ETF $HDV

Patten Group Inc. cut its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 4.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,280 shares of the exchange traded fund’s stock after selling 435 shares during the period. Patten Group Inc.’s holdings in iShares Core High Dividend ETF were worth $1,087,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. MB Levis & Associates LLC purchased a new position in iShares Core High Dividend ETF in the second quarter worth about $26,000. Cullen Frost Bankers Inc. boosted its position in iShares Core High Dividend ETF by 344.1% in 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 last quarter. Banque Cantonale Vaudoise purchased a new position in iShares Core High Dividend ETF in the first quarter worth about $39,000. Headlands Technologies LLC purchased a new position in iShares Core High Dividend ETF in the first quarter worth about $46,000. Finally, Chung Wu Investment Group LLC purchased a new position in iShares Core High Dividend ETF in the second quarter worth about $47,000.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA:HDV opened at $122.38 on Wednesday. The stock has a market capitalization of $11.68 billion, a price-to-earnings ratio of 18.55 and a beta of 0.81. The stock’s 50-day simple moving average is $122.04 and its two-hundred day simple moving average is $118.34. iShares Core High Dividend ETF has a 52-week low of $106.00 and a 52-week high of $124.03.

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.