Dynamic Advisor Solutions LLC Lowers Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Dynamic Advisor Solutions LLC trimmed its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 5.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,135 shares of the exchange traded fund’s stock after selling 170 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares Core High Dividend ETF were worth $380,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Providence First Trust Co purchased a new stake in shares of iShares Core High Dividend ETF in the fourth quarter worth about $30,000. Vermillion Wealth Management Inc. bought a new position in shares of iShares Core High Dividend ETF in the fourth quarter worth approximately $45,000. Ameriflex Group Inc. bought a new position in shares of iShares Core High Dividend ETF in the fourth quarter worth approximately $50,000. Synergy Investment Management LLC bought a new position in shares of iShares Core High Dividend ETF in the fourth quarter worth approximately $52,000. Finally, Hazlett Burt & Watson Inc. increased its position in shares of iShares Core High Dividend ETF by 89.7% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 552 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 261 shares during the last quarter.

iShares Core High Dividend ETF Trading Down 0.3%

HDV stock opened at $116.05 on Friday. The company’s 50 day moving average is $115.19 and its 200 day moving average is $115.65. The stock has a market cap of $10.98 billion, a price-to-earnings ratio of 19.94 and a beta of 0.66. iShares Core High Dividend ETF has a 1-year low of $106.01 and a 1-year high of $122.50.

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.