Financial Advocates Investment Management Reduces Stock Position in iShares Core High Dividend ETF $HDV

Financial Advocates Investment Management trimmed its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 69.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,053 shares of the exchange traded fund’s stock after selling 9,166 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares Core High Dividend ETF were worth $475,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of HDV. South Plains Financial Inc. increased its holdings in iShares Core High Dividend ETF by 3.7% in the 1st quarter. South Plains Financial Inc. now owns 2,545 shares of the exchange traded fund’s stock worth $308,000 after buying an additional 90 shares during the period. Jaffetilchin Investment Partners LLC boosted its holdings in shares of iShares Core High Dividend ETF by 0.6% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 14,822 shares of the exchange traded fund’s stock valued at $1,737,000 after acquiring an additional 91 shares during the last quarter. Accel Wealth Management boosted its holdings in shares of iShares Core High Dividend ETF by 6.0% in the 2nd quarter. Accel Wealth Management now owns 1,770 shares of the exchange traded fund’s stock valued at $207,000 after acquiring an additional 100 shares during the last quarter. Jackson Grant Investment Advisers Inc. increased its stake in shares of iShares Core High Dividend ETF by 0.8% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 13,616 shares of the exchange traded fund’s stock worth $1,595,000 after acquiring an additional 105 shares during the period. Finally, Novem Group raised its holdings in shares of iShares Core High Dividend ETF by 5.3% during the second quarter. Novem Group now owns 2,097 shares of the exchange traded fund’s stock worth $246,000 after purchasing an additional 106 shares during the last quarter.

iShares Core High Dividend ETF Price Performance

NYSEARCA HDV opened at $123.29 on Friday. iShares Core High Dividend ETF has a 1 year low of $106.00 and a 1 year high of $124.03. The company has a market capitalization of $11.65 billion, a PE ratio of 18.55 and a beta of 0.64. The company has a fifty day moving average of $121.38 and a 200 day moving average of $119.82.

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.