CRA Financial Services LLC Sells 242 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

CRA Financial Services LLC reduced its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 0.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,879 shares of the exchange traded fund’s stock after selling 242 shares during the period. CRA Financial Services LLC’s holdings in iShares Core High Dividend ETF were worth $3,134,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in HDV. Raymond James Financial Inc. bought a new position in shares of iShares Core High Dividend ETF during the fourth quarter valued at approximately $104,577,000. Wells Fargo & Company MN boosted its stake in shares of iShares Core High Dividend ETF by 74.6% during the fourth quarter. Wells Fargo & Company MN now owns 2,081,612 shares of the exchange traded fund’s stock valued at $233,682,000 after purchasing an additional 889,193 shares in the last quarter. Federated Hermes Inc. boosted its stake in shares of iShares Core High Dividend ETF by 331.0% during the fourth quarter. Federated Hermes Inc. now owns 328,624 shares of the exchange traded fund’s stock valued at $36,891,000 after purchasing an additional 252,380 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of iShares Core High Dividend ETF during the fourth quarter valued at approximately $26,271,000. Finally, LPL Financial LLC boosted its stake in shares of iShares Core High Dividend ETF by 6.4% during the fourth quarter. LPL Financial LLC now owns 2,379,555 shares of the exchange traded fund’s stock valued at $267,129,000 after purchasing an additional 143,528 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

NYSEARCA HDV opened at $118.07 on Friday. The firm’s 50 day moving average price is $114.77 and its 200-day moving average price is $115.78. iShares Core High Dividend ETF has a 52-week low of $106.01 and a 52-week high of $122.50. The company has a market cap of $11.18 billion, a PE ratio of 19.94 and a beta of 0.66.

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.