Connecticut Wealth Management LLC Sells 1,309 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Connecticut Wealth Management LLC cut its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of HDV. Financial Management Professionals Inc. bought a new stake in iShares Core High Dividend ETF during the 4th quarter worth approximately $25,000. Wetzel Investment Advisors Inc. bought a new stake in iShares Core High Dividend ETF during the 4th quarter worth approximately $26,000. Hazlett Burt & Watson Inc. bought a new stake in iShares Core High Dividend ETF during the 4th quarter worth approximately $39,000. Stephens Consulting LLC bought a new stake in iShares Core High Dividend ETF during the 4th quarter worth approximately $72,000. Finally, Fifth Third Bancorp increased its stake in iShares Core High Dividend ETF by 882.8% during the 3rd quarter. Fifth Third Bancorp now owns 855 shares of the exchange traded fund’s stock worth $85,000 after purchasing an additional 768 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

Shares of HDV traded up $0.29 during mid-day trading on Friday, hitting $108.25. 229,004 shares of the company’s stock were exchanged, compared to its average volume of 549,956. The company has a market cap of $10.22 billion, a PE ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 52 week low of $93.46 and a 52 week high of $110.33. The company has a 50-day simple moving average of $107.90 and a 200 day simple moving average of $103.31.

iShares Core High Dividend ETF Company 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.