US Bancorp DE Sells 4,260 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

US Bancorp DE decreased its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 25.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,193 shares of the exchange traded fund’s stock after selling 4,260 shares during the period. US Bancorp DE’s holdings in iShares Core High Dividend ETF were worth $1,369,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HDV. Concurrent Investment Advisors LLC raised its stake in iShares Core High Dividend ETF by 6.9% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 2,720 shares of the exchange traded fund’s stock worth $320,000 after acquiring an additional 176 shares during the period. TFB Advisors LLC bought a new stake in iShares Core High Dividend ETF during the 3rd quarter worth approximately $253,000. Leavell Investment Management Inc. raised its stake in iShares Core High Dividend ETF by 2.4% during the 3rd quarter. Leavell Investment Management Inc. now owns 6,371 shares of the exchange traded fund’s stock worth $749,000 after acquiring an additional 150 shares during the period. Townsend & Associates Inc raised its stake in iShares Core High Dividend ETF by 1.8% during the 3rd quarter. Townsend & Associates Inc now owns 371,945 shares of the exchange traded fund’s stock worth $44,284,000 after acquiring an additional 6,462 shares during the period. Finally, Tompkins Financial Corp purchased a new stake in iShares Core High Dividend ETF during the 3rd quarter valued at approximately $53,000.

iShares Core High Dividend ETF Price Performance

Shares of HDV opened at $120.26 on Friday. iShares Core High Dividend ETF has a 1 year low of $105.65 and a 1 year high of $121.70. The company has a 50 day simple moving average of $115.67 and a two-hundred day simple moving average of $116.90. The firm has a market cap of $11.08 billion, a P/E ratio of 19.77 and a beta of 0.82.

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.