Connecticut Wealth Management LLC Lowers Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Connecticut Wealth Management LLC reduced its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 32,857 shares of the exchange traded fund’s stock after selling 1,309 shares during the quarter. Connecticut Wealth Management LLC’s holdings in iShares Core High Dividend ETF were worth $3,351,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Meiji Yasuda Life Insurance Co increased its position in shares of iShares Core High Dividend ETF by 105.3% during the 3rd quarter. Meiji Yasuda Life Insurance Co now owns 2,512,228 shares of the exchange traded fund’s stock valued at $248,434,000 after purchasing an additional 1,288,572 shares during the last quarter. Federated Hermes Inc. increased its position in shares of iShares Core High Dividend ETF by 449.7% during the 4th quarter. Federated Hermes Inc. now owns 515,674 shares of the exchange traded fund’s stock valued at $52,594,000 after purchasing an additional 421,865 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of iShares Core High Dividend ETF by 9,226.2% during the 4th quarter. International Assets Investment Management LLC now owns 294,801 shares of the exchange traded fund’s stock valued at $30,067,000 after purchasing an additional 291,640 shares during the last quarter. Prudential PLC purchased a new stake in shares of iShares Core High Dividend ETF during the 3rd quarter valued at $28,163,000. Finally, Comerica Bank bought a new position in shares of iShares Core High Dividend ETF during the 3rd quarter worth $25,504,000.

iShares Core High Dividend ETF Trading Up 0.3 %

Shares of HDV stock traded up $0.29 on Friday, hitting $108.25. 229,004 shares of the stock were exchanged, compared to its average volume of 549,956. The firm has a market capitalization of $10.22 billion, a PE ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a one year low of $93.46 and a one year high of $110.33. The firm’s 50 day moving average is $107.90 and its two-hundred day moving average is $103.31.

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.