IFP Advisors Inc Sells 91,015 Shares of iShares Core High Dividend ETF $HDV

IFP Advisors Inc reduced its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 7.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,128,077 shares of the exchange traded fund’s stock after selling 91,015 shares during the period. IFP Advisors Inc owned approximately 0.22% of iShares Core High Dividend ETF worth $31,541,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in HDV. Envestnet Asset Management Inc. boosted its holdings in iShares Core High Dividend ETF by 415.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,135,794 shares of the exchange traded fund’s stock valued at $168,182,000 after purchasing an additional 4,945,223 shares in the last quarter. Auto Owners Insurance Co increased its position in iShares Core High Dividend ETF by 12,061.0% during the 4th quarter. Auto Owners Insurance Co now owns 2,894,318 shares of the exchange traded fund’s stock worth $35,198,000 after purchasing an additional 2,870,518 shares during the period. Allianz Asset Management GmbH raised its stake in shares of iShares Core High Dividend ETF by 201.2% during the 2nd quarter. Allianz Asset Management GmbH now owns 1,377,900 shares of the exchange traded fund’s stock worth $37,768,000 after buying an additional 920,500 shares in the last quarter. Royal Bank of Canada raised its stake in shares of iShares Core High Dividend ETF by 2.4% during the 1st quarter. Royal Bank of Canada now owns 1,282,003 shares of the exchange traded fund’s stock worth $173,992,000 after buying an additional 30,442 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core High Dividend ETF by 317.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,080,660 shares of the exchange traded fund’s stock worth $29,621,000 after buying an additional 821,692 shares in the last quarter.

iShares Core High Dividend ETF Price Performance

HDV opened at $30.04 on Friday. The business has a 50 day simple moving average of $29.07 and a 200-day simple moving average of $28.06. The stock has a market capitalization of $15.61 billion, a P/E ratio of 18.55 and a beta of 0.53. iShares Core High Dividend ETF has a 12 month low of $23.51 and a 12 month high of $30.13.

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.