Kestra Private Wealth Services LLC Cuts Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Kestra Private Wealth Services LLC trimmed its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,426 shares of the exchange traded fund’s stock after selling 929 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares Core High Dividend ETF were worth $655,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its position in iShares Core High Dividend ETF by 17.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 23,316 shares of the exchange traded fund’s stock valued at $2,306,000 after buying an additional 3,465 shares during the last quarter. Brown Advisory Inc. grew its stake in iShares Core High Dividend ETF by 3.6% during the 3rd quarter. Brown Advisory Inc. now owns 9,272 shares of the exchange traded fund’s stock valued at $917,000 after purchasing an additional 318 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in iShares Core High Dividend ETF during the 3rd quarter valued at approximately $781,000. Beam Wealth Advisors Inc. increased its holdings in iShares Core High Dividend ETF by 40.7% during the 3rd quarter. Beam Wealth Advisors Inc. now owns 126,792 shares of the exchange traded fund’s stock worth $12,538,000 after purchasing an additional 36,682 shares during the last quarter. Finally, TIAA Trust National Association acquired a new position in shares of iShares Core High Dividend ETF in the 3rd quarter valued at approximately $405,000.

iShares Core High Dividend ETF Trading Up 0.3 %

iShares Core High Dividend ETF stock opened at $108.25 on Monday. iShares Core High Dividend ETF has a 52 week low of $93.46 and a 52 week high of $110.33. The stock has a market cap of $10.22 billion, a P/E ratio of 13.82 and a beta of 0.55. The stock has a 50 day moving average of $107.90 and a 200-day moving average of $103.34.

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.