ProVise Management Group LLC Sells 733 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

ProVise Management Group LLC decreased its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 4.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,265 shares of the exchange traded fund’s stock after selling 733 shares during the period. ProVise Management Group LLC’s holdings in iShares Core High Dividend ETF were worth $1,551,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Elevate Wealth Advisory Inc. bought a new position in iShares Core High Dividend ETF in the fourth quarter valued at approximately $30,000. Chilton Capital Management LLC bought a new position in shares of iShares Core High Dividend ETF in the second quarter valued at $33,000. Russell Investments Group Ltd. increased its holdings in iShares Core High Dividend ETF by 56.4% during 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 during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares Core High Dividend ETF during the second quarter worth $41,000. Finally, Sound Income Strategies LLC lifted its stake in iShares Core High Dividend ETF by 1,052.9% in 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 during the last quarter.

iShares Core High Dividend ETF Price Performance

iShares Core High Dividend ETF stock opened at $118.05 on Friday. The company’s 50-day moving average is $114.94 and its 200-day moving average is $110.81. The firm has a market capitalization of $11.15 billion, a PE ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a fifty-two week low of $93.46 and a fifty-two 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.