Merriman Wealth Management LLC Lowers Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Merriman Wealth Management LLC lessened its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 4.9% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 4,944 shares of the exchange traded fund’s stock after selling 256 shares during the period. Merriman Wealth Management LLC’s holdings in iShares Core High Dividend ETF were worth $537,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Elevate Wealth Advisory Inc. bought a new stake in iShares Core High Dividend ETF during the 4th quarter valued at approximately $30,000. Chilton Capital Management LLC purchased a new position in shares of iShares Core High Dividend ETF in the second quarter worth $33,000. Russell Investments Group Ltd. lifted its holdings in shares of iShares Core High Dividend ETF by 56.4% in the first quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 128 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Core High Dividend ETF during the second quarter worth $41,000. Finally, Sound Income Strategies LLC grew its stake in iShares Core High Dividend ETF by 1,052.9% during the first quarter. Sound Income Strategies LLC now owns 392 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 358 shares in the last quarter.

iShares Core High Dividend ETF Stock Down 0.0 %

Shares of HDV stock opened at $118.04 on Friday. The stock has a market cap of $11.15 billion, a P/E ratio of 13.82 and a beta of 0.55. The company’s fifty day simple moving average is $115.27 and its two-hundred day simple moving average is $110.94. iShares Core High Dividend ETF has a 52 week low of $93.46 and a 52 week high of $119.07.

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.