Concorde Asset Management LLC Lowers Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Concorde Asset Management LLC decreased its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 40.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,100 shares of the exchange traded fund’s stock after selling 1,400 shares during the period. Concorde Asset Management LLC’s holdings in iShares Core High Dividend ETF were worth $228,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in HDV. Vantage Financial Partners LLC purchased a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at about $507,000. Coldstream Capital Management Inc. boosted its holdings in shares of iShares Core High Dividend ETF by 3.5% in the fourth quarter. Coldstream Capital Management Inc. now owns 3,183 shares of the exchange traded fund’s stock valued at $325,000 after acquiring an additional 108 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in iShares Core High Dividend ETF by 11.2% during the fourth quarter. D.A. Davidson & CO. now owns 22,213 shares of the exchange traded fund’s stock worth $2,266,000 after buying an additional 2,239 shares in the last quarter. Trexquant Investment LP boosted its holdings in iShares Core High Dividend ETF by 3.4% during the fourth quarter. Trexquant Investment LP now owns 6,650 shares of the exchange traded fund’s stock worth $678,000 after buying an additional 216 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in iShares Core High Dividend ETF by 3,071.7% during the fourth quarter. Franklin Resources Inc. now owns 60,358 shares of the exchange traded fund’s stock worth $6,156,000 after buying an additional 58,455 shares in the last quarter.

iShares Core High Dividend ETF Trading Up 0.3 %

HDV stock opened at $118.05 on Friday. The company has a market cap of $11.15 billion, a P/E ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 52 week low of $93.46 and a 52 week high of $119.07. The company’s 50-day moving average price is $114.94 and its 200 day moving average price is $110.81.

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.