Concord Wealth Partners Cuts Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Concord Wealth Partners lowered its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 5.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 13,192 shares of the exchange traded fund’s stock after selling 726 shares during the period. Concord Wealth Partners’ holdings in iShares Core High Dividend ETF were worth $1,481,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HDV. Ironwood Wealth Management LLC. raised its stake in shares of iShares Core High Dividend ETF by 9.0% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 14,832 shares of the exchange traded fund’s stock worth $1,612,000 after buying an additional 1,226 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in iShares Core High Dividend ETF during the second quarter worth about $4,522,000. Anchor Investment Management LLC lifted its holdings in shares of iShares Core High Dividend ETF by 6.9% in the second quarter. Anchor Investment Management LLC now owns 9,840 shares of the exchange traded fund’s stock valued at $1,070,000 after purchasing an additional 634 shares in the last quarter. Centaurus Financial Inc. grew its position in shares of iShares Core High Dividend ETF by 8.4% in the second quarter. Centaurus Financial Inc. now owns 1,160 shares of the exchange traded fund’s stock valued at $126,000 after purchasing an additional 90 shares during the last quarter. Finally, Park Avenue Securities LLC increased its stake in shares of iShares Core High Dividend ETF by 175.5% during the 3rd quarter. Park Avenue Securities LLC now owns 26,485 shares of the exchange traded fund’s stock worth $3,115,000 after purchasing an additional 16,872 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

HDV stock opened at $114.62 on Friday. The stock’s 50 day moving average price is $114.93 and its 200 day moving average price is $116.13. The firm has a market cap of $10.83 billion, a P/E ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 1 year low of $102.31 and a 1 year high of $121.70.

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.