Citizens Financial Group Inc. RI Trims Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Citizens Financial Group Inc. RI cut its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 7.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 64,577 shares of the exchange traded fund’s stock after selling 5,233 shares during the period. Citizens Financial Group Inc. RI’s holdings in iShares Core High Dividend ETF were worth $7,249,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. bought a new stake in shares of iShares Core High Dividend ETF during the fourth quarter worth $25,000. Providence First Trust Co bought a new stake in iShares Core High Dividend ETF during the 4th quarter valued at about $30,000. Providence Capital Advisors LLC purchased a new stake in iShares Core High Dividend ETF in the 3rd quarter valued at about $32,000. Westside Investment Management Inc. boosted its position in 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 buying an additional 108 shares during the period. Finally, Roxbury Financial LLC bought a new position in iShares Core High Dividend ETF in the 4th quarter worth about $42,000.

iShares Core High Dividend ETF Stock Performance

iShares Core High Dividend ETF stock opened at $118.94 on Wednesday. The company has a market capitalization of $10.96 billion, a PE ratio of 19.77 and a beta of 0.82. The company has a 50 day moving average price of $115.99 and a 200-day moving average price of $116.96. iShares Core High Dividend ETF has a fifty-two week low of $105.65 and a fifty-two week high of $122.50.

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.