Axxcess Wealth Management LLC Has $1.09 Million Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Axxcess Wealth Management LLC trimmed its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 20.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,878 shares of the exchange traded fund’s stock after selling 2,569 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Core High Dividend ETF were worth $1,089,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wetzel Investment Advisors Inc. acquired a new position in iShares Core High Dividend ETF during the fourth quarter worth $26,000. Elevate Wealth Advisory Inc. acquired a new stake in iShares Core High Dividend ETF in the fourth quarter valued at $30,000. Hazlett Burt & Watson Inc. bought a new position in shares of iShares Core High Dividend ETF in the 4th quarter valued at about $39,000. Russell Investments Group Ltd. increased its stake in shares of iShares Core High Dividend ETF by 56.4% during the 1st quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 128 shares during the last quarter. Finally, Northwest Financial Advisors bought a new stake in shares of iShares Core High Dividend ETF in the 4th quarter valued at about $42,000.

iShares Core High Dividend ETF Stock Performance

NYSEARCA:HDV traded up $0.92 during mid-day trading on Friday, hitting $113.99. The stock had a trading volume of 333,718 shares, compared to its average volume of 447,395. The company’s 50 day simple moving average is $109.34 and its 200 day simple moving average is $107.52. The stock has a market cap of $10.77 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a twelve month low of $93.46 and a twelve month high of $114.48.

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.