Albion Financial Group UT Lowers Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Albion Financial Group UT reduced its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 55.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 4,791 shares of the exchange traded fund’s stock after selling 6,039 shares during the period. Albion Financial Group UT’s holdings in iShares Core High Dividend ETF were worth $528,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Alpha Omega Wealth Management LLC lifted its position in shares of iShares Core High Dividend ETF by 2.1% during the 4th quarter. Alpha Omega Wealth Management LLC now owns 5,023 shares of the exchange traded fund’s stock worth $512,000 after purchasing an additional 103 shares during the last quarter. Concord Wealth Partners lifted its position in iShares Core High Dividend ETF by 0.8% in the fourth quarter. Concord Wealth Partners now owns 13,195 shares of the exchange traded fund’s stock valued at $1,346,000 after acquiring an additional 104 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in iShares Core High Dividend ETF by 3.5% in the fourth quarter. Coldstream Capital Management Inc. now owns 3,183 shares of the exchange traded fund’s stock valued at $325,000 after acquiring an additional 108 shares in the last quarter. Sovereign Financial Group Inc. grew its holdings in shares of iShares Core High Dividend ETF by 2.6% during the first quarter. Sovereign Financial Group Inc. now owns 4,664 shares of the exchange traded fund’s stock worth $514,000 after purchasing an additional 119 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its position in shares of iShares Core High Dividend ETF by 0.5% during the third quarter. Sunbelt Securities Inc. now owns 25,150 shares of the exchange traded fund’s stock worth $2,487,000 after purchasing an additional 137 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

iShares Core High Dividend ETF stock opened at $108.19 on Thursday. The stock has a 50-day simple moving average of $108.97 and a 200-day simple moving average of $106.65. The company has a market capitalization of $10.22 billion, a P/E ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a fifty-two week low of $93.46 and a fifty-two week high of $111.72.

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.