Graypoint LLC Trims Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Graypoint LLC decreased its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 93,033 shares of the exchange traded fund’s stock after selling 1,020 shares during the period. Graypoint LLC owned approximately 0.10% of iShares Core High Dividend ETF worth $10,444,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Providence Capital Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF during the third quarter worth about $32,000. Westside Investment Management Inc. grew its stake 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 worth $35,000 after buying an additional 108 shares in the last quarter. McClarren Financial Advisors Inc. grew its stake in iShares Core High Dividend ETF by 53.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 116 shares in the last quarter. Tompkins Financial Corp purchased a new stake in shares of iShares Core High Dividend ETF during the 3rd quarter valued at $53,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of iShares Core High Dividend ETF during the 3rd quarter worth $64,000.

iShares Core High Dividend ETF Price Performance

HDV stock traded down $1.23 during mid-day trading on Friday, hitting $110.86. 567,851 shares of the stock were exchanged, compared to its average volume of 517,109. The business has a fifty day moving average price of $116.35 and a 200 day moving average price of $115.52. iShares Core High Dividend ETF has a 12 month low of $101.06 and a 12 month high of $121.70. The stock has a market capitalization of $10.47 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

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.