CIBC Private Wealth Group LLC Sells 130 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

CIBC Private Wealth Group LLC trimmed its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,802 shares of the exchange traded fund’s stock after selling 130 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in iShares Core High Dividend ETF were worth $650,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HDV. Blue Trust Inc. bought a new stake in shares of iShares Core High Dividend ETF during the 4th quarter valued at $25,000. Providence First Trust Co purchased a new position in iShares Core High Dividend ETF during the fourth quarter valued at $30,000. Westside Investment Management Inc. grew its holdings in iShares Core High Dividend ETF by 57.1% during the third quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 108 shares during the period. Roxbury Financial LLC purchased a new stake in iShares Core High Dividend ETF in the fourth quarter worth about $42,000. Finally, YANKCOM Partnership bought a new position in shares of iShares Core High Dividend ETF in the fourth quarter worth about $45,000.

iShares Core High Dividend ETF Trading Down 6.0 %

Shares of NYSEARCA:HDV opened at $111.27 on Friday. The stock has a 50 day moving average of $118.03 and a 200 day moving average of $117.13. The company has a market cap of $10.46 billion, a PE ratio of 19.62 and a beta of 0.71. iShares Core High Dividend ETF has a 12-month low of $105.65 and a 12-month high of $122.50.

iShares Core High Dividend ETF Company 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.