Gunma Bank Ltd. Decreases Stake in iShares Core High Dividend ETF $HDV

Gunma Bank Ltd. lowered its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 13.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 65,000 shares of the exchange traded fund’s stock after selling 10,000 shares during the period. iShares Core High Dividend ETF makes up 2.5% of Gunma Bank Ltd.’s investment portfolio, making the stock its 18th largest position. Gunma Bank Ltd.’s holdings in iShares Core High Dividend ETF were worth $7,616,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in HDV. Cullen Frost Bankers Inc. raised its holdings in shares of iShares Core High Dividend ETF by 344.1% during the first quarter. Cullen Frost Bankers Inc. now owns 262 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 203 shares during the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of iShares Core High Dividend ETF during the first quarter worth $39,000. EQ Wealth Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF during the first quarter worth $40,000. Vermillion Wealth Management Inc. purchased a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth $45,000. Finally, Headlands Technologies LLC purchased a new position in shares of iShares Core High Dividend ETF during the first quarter worth $46,000.

iShares Core High Dividend ETF Price Performance

Shares of iShares Core High Dividend ETF stock opened at $120.94 on Tuesday. The firm has a fifty day moving average price of $121.01 and a 200 day moving average price of $117.91. iShares Core High Dividend ETF has a 1 year low of $106.00 and a 1 year high of $124.03. The stock has a market cap of $11.31 billion, a PE ratio of 18.55 and a beta of 0.81.

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.