Independent Solutions Wealth Management LLC Cuts Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Independent Solutions Wealth Management LLC decreased its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 12.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,596 shares of the exchange traded fund’s stock after selling 4,244 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in iShares Core High Dividend ETF were worth $3,322,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new stake in iShares Core High Dividend ETF during the 4th quarter worth about $25,000. Providence First Trust Co acquired a new stake in shares of iShares Core High Dividend ETF during the fourth quarter worth about $30,000. Providence Capital Advisors LLC acquired a new position in iShares Core High Dividend ETF in the 3rd quarter worth approximately $32,000. Westside Investment Management Inc. raised its position in iShares Core High Dividend ETF by 57.1% during the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 108 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new stake in iShares Core High Dividend ETF during the 4th quarter valued at approximately $42,000.

iShares Core High Dividend ETF Price Performance

NYSEARCA:HDV opened at $119.32 on Friday. The company’s fifty day moving average price is $116.94 and its 200-day moving average price is $117.02. iShares Core High Dividend ETF has a 1-year low of $105.65 and a 1-year high of $122.50. The firm has a market capitalization of $11.03 billion, a P/E ratio of 19.30 and a beta of 0.79.

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.