Capital Advisors Wealth Management LLC Sells 1,493 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Capital Advisors Wealth Management LLC reduced its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 19.1% in the second quarter, HoldingsChannel.com reports. The firm owned 6,319 shares of the exchange traded fund’s stock after selling 1,493 shares during the period. Capital Advisors Wealth Management LLC’s holdings in iShares Core High Dividend ETF were worth $637,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Moneta Group Investment Advisors LLC purchased a new position in iShares Core High Dividend ETF during the 4th quarter valued at approximately $853,748,000. Cowa LLC grew its holdings in shares of iShares Core High Dividend ETF by 9,674.3% in the first quarter. Cowa LLC now owns 3,820,695 shares of the exchange traded fund’s stock valued at $4,084,000 after purchasing an additional 3,781,606 shares in the last quarter. Wells Fargo & Company MN increased its position in iShares Core High Dividend ETF by 74.6% in the fourth quarter. Wells Fargo & Company MN now owns 3,163,073 shares of the exchange traded fund’s stock worth $329,719,000 after purchasing an additional 1,351,161 shares during the last quarter. Bank of America Corp DE lifted its position in iShares Core High Dividend ETF by 24.5% during the fourth quarter. Bank of America Corp DE now owns 6,566,153 shares of the exchange traded fund’s stock valued at $684,456,000 after purchasing an additional 1,291,687 shares during the last quarter. Finally, Advisor Group Holdings Inc. raised its holdings in iShares Core High Dividend ETF by 62.3% during the 4th quarter. Advisor Group Holdings Inc. now owns 1,781,116 shares of the exchange traded fund’s stock valued at $185,673,000 after buying an additional 683,878 shares during the period.

iShares Core High Dividend ETF Stock Performance

NYSEARCA HDV traded up $0.11 during trading on Monday, hitting $103.54. The stock had a trading volume of 76,013 shares, compared to its average volume of 619,073. iShares Core High Dividend ETF has a one year low of $91.24 and a one year high of $109.01. The stock has a 50 day simple moving average of $102.70 and a 200 day simple moving average of $101.22. The stock has a market capitalization of $10.69 billion, a price-to-earnings ratio of 16.13 and a beta of 0.81.

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.