Envestnet Asset Management Inc. Sells 25,968 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Envestnet Asset Management Inc. lessened its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 717,838 shares of the exchange traded fund’s stock after selling 25,968 shares during the period. Envestnet Asset Management Inc. owned 0.76% of iShares Core High Dividend ETF worth $78,029,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Meiji Yasuda Life Insurance Co grew its stake in shares of iShares Core High Dividend ETF by 19.7% during the first quarter. Meiji Yasuda Life Insurance Co now owns 3,008,172 shares of the exchange traded fund’s stock worth $331,531,000 after purchasing an additional 495,944 shares during the period. Wells Fargo & Company MN grew its position in shares of iShares Core High Dividend ETF by 48.7% during the 4th quarter. Wells Fargo & Company MN now owns 2,697,776 shares of the exchange traded fund’s stock worth $275,146,000 after buying an additional 883,411 shares during the period. LPL Financial LLC increased its stake in shares of iShares Core High Dividend ETF by 6.1% in the 2nd quarter. LPL Financial LLC now owns 1,967,035 shares of the exchange traded fund’s stock valued at $213,817,000 after acquiring an additional 112,780 shares during the last quarter. UBS Group AG increased its stake in shares of iShares Core High Dividend ETF by 1.5% in the 4th quarter. UBS Group AG now owns 1,625,554 shares of the exchange traded fund’s stock valued at $165,790,000 after acquiring an additional 24,428 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of iShares Core High Dividend ETF by 2.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 647,251 shares of the exchange traded fund’s stock valued at $71,334,000 after acquiring an additional 16,579 shares during the period.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA HDV opened at $117.98 on Wednesday. iShares Core High Dividend ETF has a 52-week low of $93.46 and a 52-week high of $119.07. The stock has a market cap of $11.14 billion, a P/E ratio of 13.82 and a beta of 0.55. The firm has a 50 day moving average price of $114.55 and a 200 day moving average price of $110.67.

About iShares Core High Dividend ETF

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.