Cypress Wealth Services LLC Sells 571 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Cypress Wealth Services LLC trimmed its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 14.1% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 3,475 shares of the exchange traded fund’s stock after selling 571 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares Core High Dividend ETF were worth $383,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in HDV. Wells Fargo & Company MN increased its stake in shares of iShares Core High Dividend ETF by 48.7% in the fourth quarter. Wells Fargo & Company MN now owns 2,697,776 shares of the exchange traded fund’s stock worth $275,146,000 after buying an additional 883,411 shares during the period. Federated Hermes Inc. increased its stake in shares of iShares Core High Dividend ETF by 449.7% in the fourth quarter. Federated Hermes Inc. now owns 515,674 shares of the exchange traded fund’s stock worth $52,594,000 after buying an additional 421,865 shares during the period. International Assets Investment Management LLC increased its stake in shares of iShares Core High Dividend ETF by 9,226.2% in the fourth quarter. International Assets Investment Management LLC now owns 294,801 shares of the exchange traded fund’s stock worth $30,067,000 after buying an additional 291,640 shares during the period. Comerica Bank purchased a new position in shares of iShares Core High Dividend ETF in the third quarter worth $25,504,000. Finally, McElhenny Sheffield Capital Management LLC purchased a new position in iShares Core High Dividend ETF during the 4th quarter valued at $16,108,000.

iShares Core High Dividend ETF Price Performance

iShares Core High Dividend ETF stock traded down $0.27 during mid-day trading on Thursday, reaching $108.45. 232,553 shares of the company traded hands, compared to its average volume of 466,263. The firm’s 50 day moving average price is $109.01 and its 200 day moving average price is $106.43. The firm has a market capitalization of $10.24 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 $93.46 and a 52-week high of $111.72.

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.