Sowa Financial Group Inc. lessened its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV – Free Report) by 15.2% in the second quarter, Holdings Channel reports. The firm owned 22,841 shares of the exchange traded fund’s stock after selling 4,097 shares during the period. iShares Core High Dividend ETF accounts for 1.7% of Sowa Financial Group Inc.’s investment portfolio, making the stock its 10th largest holding. Sowa Financial Group Inc.’s holdings in iShares Core High Dividend ETF were worth $2,676,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of HDV. MB Levis & Associates LLC bought a new position in iShares Core High Dividend ETF in the 2nd quarter valued at $26,000. Cullen Frost Bankers Inc. raised its stake in iShares Core High Dividend ETF by 344.1% in the 1st quarter. Cullen Frost Bankers Inc. now owns 262 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 203 shares during the period. Banque Cantonale Vaudoise bought a new stake in iShares Core High Dividend ETF in the 1st quarter valued at about $39,000. EQ Wealth Advisors LLC bought a new stake in iShares Core High Dividend ETF in the 1st quarter valued at about $40,000. Finally, Headlands Technologies LLC bought a new stake in iShares Core High Dividend ETF in the 1st quarter valued at about $46,000.
iShares Core High Dividend ETF Stock Performance
Shares of iShares Core High Dividend ETF stock opened at $122.14 on Monday. iShares Core High Dividend ETF has a 52-week low of $106.00 and a 52-week high of $124.03. The stock’s 50-day simple moving average is $121.95 and its 200 day simple moving average is $118.23. The stock has a market capitalization of $11.65 billion, a P/E ratio of 18.55 and a beta of 0.81.
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.
See Also
- Five stocks we like better than iShares Core High Dividend ETF
- What is a penny stock? A comprehensive guide
- JPMorgan Crushes Q3; But Is the Steady Eddy Stock Hitting A Wall?
- Asset Allocation Strategies in Volatile Markets
- Snap-on Incorporated: Snap It Up Quick, New Highs Will Come Soon
- Most active stocks: Dollar volume vs share volume
- As Global Renewables Surpass Coal, This ETF Offers Smart Exposure
Want to see what other hedge funds are holding HDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core High Dividend ETF (NYSEARCA:HDV – Free Report).
Receive News & Ratings for iShares Core High Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core High Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
