iShares Core High Dividend ETF (NYSEARCA:HDV) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. trimmed its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 85.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 11,882 shares of the exchange traded fund’s stock after selling 70,088 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core High Dividend ETF were worth $1,334,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HDV. Avantax Advisory Services Inc. lifted its holdings in shares of iShares Core High Dividend ETF by 4.7% in the 4th quarter. Avantax Advisory Services Inc. now owns 121,153 shares of the exchange traded fund’s stock valued at $13,601,000 after buying an additional 5,411 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of iShares Core High Dividend ETF by 12.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 827 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 90 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of iShares Core High Dividend ETF by 90.8% during the 4th quarter. Sequoia Financial Advisors LLC now owns 4,927 shares of the exchange traded fund’s stock worth $553,000 after purchasing an additional 2,345 shares in the last quarter. Moors & Cabot Inc. grew its stake in shares of iShares Core High Dividend ETF by 14.8% during the 4th quarter. Moors & Cabot Inc. now owns 2,089 shares of the exchange traded fund’s stock worth $235,000 after purchasing an additional 270 shares during the period. Finally, Independent Advisor Alliance purchased a new position in shares of iShares Core High Dividend ETF in the 4th quarter valued at about $921,000.

iShares Core High Dividend ETF Trading Down 0.6 %

Shares of HDV opened at $118.65 on Friday. iShares Core High Dividend ETF has a twelve month low of $105.65 and a twelve month high of $122.50. The firm has a market capitalization of $10.97 billion, a P/E ratio of 19.30 and a beta of 0.79. The firm’s 50-day moving average is $117.09 and its two-hundred day moving average is $117.02.

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.