RFG Advisory LLC Cuts Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

RFG Advisory LLC trimmed its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 3.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,868 shares of the exchange traded fund’s stock after selling 178 shares during the period. RFG Advisory LLC’s holdings in iShares Core High Dividend ETF were worth $590,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HDV. Blue Trust Inc. acquired a new position in shares of iShares Core High Dividend ETF during the 4th quarter worth approximately $25,000. Providence First Trust Co purchased a new stake in iShares Core High Dividend ETF in the fourth quarter valued at approximately $30,000. Roxbury Financial LLC purchased a new stake in iShares Core High Dividend ETF in the fourth quarter valued at approximately $42,000. Vermillion Wealth Management Inc. purchased a new stake in iShares Core High Dividend ETF in the fourth quarter valued at approximately $45,000. Finally, YANKCOM Partnership purchased a new stake in shares of iShares Core High Dividend ETF during the fourth quarter worth $45,000.

iShares Core High Dividend ETF Trading Up 0.8%

iShares Core High Dividend ETF stock opened at $116.65 on Friday. iShares Core High Dividend ETF has a twelve month low of $106.01 and a twelve month high of $122.50. The stock’s fifty day simple moving average is $114.37 and its 200-day simple moving average is $115.87. The firm has a market capitalization of $11.04 billion, a P/E ratio of 19.94 and a beta of 0.66.

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.