Envestnet Asset Management Inc. Lowers Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Envestnet Asset Management Inc. reduced its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDVFree Report) by 8.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 702,790 shares of the exchange traded fund’s stock after selling 65,023 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.68% of iShares Core High Dividend ETF worth $71,678,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HDV. Meiji Yasuda Life Insurance Co boosted its stake in shares of iShares Core High Dividend ETF by 105.3% during the third quarter. Meiji Yasuda Life Insurance Co now owns 2,512,228 shares of the exchange traded fund’s stock valued at $248,434,000 after purchasing an additional 1,288,572 shares during the period. Wells Fargo & Company MN boosted its stake in shares of iShares Core High Dividend ETF by 48.7% during the fourth quarter. Wells Fargo & Company MN now owns 2,697,776 shares of the exchange traded fund’s stock valued at $275,146,000 after purchasing an additional 883,411 shares during the period. Federated Hermes Inc. boosted its stake in shares of iShares Core High Dividend ETF by 449.7% during the fourth quarter. Federated Hermes Inc. now owns 515,674 shares of the exchange traded fund’s stock valued at $52,594,000 after purchasing an additional 421,865 shares during the period. International Assets Investment Management LLC lifted its stake in iShares Core High Dividend ETF by 9,226.2% in the fourth quarter. International Assets Investment Management LLC now owns 294,801 shares of the exchange traded fund’s stock worth $30,067,000 after acquiring an additional 291,640 shares during the period. Finally, Prudential PLC purchased a new stake in iShares Core High Dividend ETF in the third quarter worth about $28,163,000.

iShares Core High Dividend ETF Price Performance

NYSEARCA:HDV opened at $109.41 on Monday. iShares Core High Dividend ETF has a 1-year low of $93.46 and a 1-year high of $111.72. The company has a 50-day moving average of $109.07 and a 200 day moving average of $105.69. The firm has a market cap of $10.33 billion, a PE ratio of 13.82 and a beta of 0.55.

iShares Core High Dividend ETF Profile

(Free Report)

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

Institutional Ownership by Quarter for iShares Core High Dividend ETF (NYSEARCA:HDV)

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.