Concorde Asset Management LLC Decreases Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Concorde Asset Management LLC lowered its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 40.0% in the second quarter, HoldingsChannel.com reports. The fund owned 2,100 shares of the exchange traded fund’s stock after selling 1,400 shares during the quarter. Concorde Asset Management LLC’s holdings in iShares Core High Dividend ETF were worth $228,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HDV. Meiji Yasuda Life Insurance Co raised its position in iShares Core High Dividend ETF by 19.7% during the first quarter. Meiji Yasuda Life Insurance Co now owns 3,008,172 shares of the exchange traded fund’s stock worth $331,531,000 after acquiring an additional 495,944 shares during the last quarter. Strategic Financial Concepts LLC raised its position in iShares Core High Dividend ETF by 2,283.8% during the second quarter. Strategic Financial Concepts LLC now owns 379,398 shares of the exchange traded fund’s stock worth $412,000 after acquiring an additional 363,482 shares during the last quarter. Cetera Investment Advisers raised its position in shares of iShares Core High Dividend ETF by 434.8% in the first quarter. Cetera Investment Advisers now owns 321,188 shares of the exchange traded fund’s stock valued at $35,398,000 after buying an additional 261,132 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of iShares Core High Dividend ETF by 9,716.9% in the first quarter. BNP Paribas Financial Markets now owns 206,154 shares of the exchange traded fund’s stock valued at $22,720,000 after buying an additional 204,054 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its position in shares of iShares Core High Dividend ETF by 4,833.4% in the first quarter. DAVENPORT & Co LLC now owns 165,613 shares of the exchange traded fund’s stock valued at $18,252,000 after buying an additional 162,256 shares during the last quarter.

iShares Core High Dividend ETF Price Performance

NYSEARCA:HDV opened at $118.05 on Friday. The firm has a 50 day simple moving average of $114.94 and a 200-day simple moving average of $110.81. The firm has a market cap of $11.15 billion, a PE ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 1-year low of $93.46 and a 1-year high of $119.07.

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.