Farther Finance Advisors LLC Sells 1,189 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Farther Finance Advisors LLC reduced its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 34.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,286 shares of the exchange traded fund’s stock after selling 1,189 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $257,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. bought a new position in iShares Core High Dividend ETF in the 4th quarter worth about $25,000. Providence First Trust Co purchased a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth approximately $30,000. Providence Capital Advisors LLC purchased a new stake in shares of iShares Core High Dividend ETF in the 3rd quarter worth approximately $32,000. Westside Investment Management Inc. lifted its position in shares of iShares Core High Dividend ETF by 57.1% in the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 108 shares during the period. Finally, Roxbury Financial LLC purchased a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth approximately $42,000.

iShares Core High Dividend ETF Stock Performance

Shares of HDV opened at $119.06 on Wednesday. The company has a 50 day moving average price of $116.64 and a 200-day moving average price of $116.99. iShares Core High Dividend ETF has a fifty-two week low of $105.65 and a fifty-two week high of $122.50. The stock has a market capitalization of $11.01 billion, a PE ratio of 19.30 and a beta of 0.79.

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.