Shira Ridge Wealth Management Lowers Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Shira Ridge Wealth Management decreased its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 49.1% during the first quarter, Holdings Channel reports. The institutional investor owned 19,527 shares of the exchange traded fund’s stock after selling 18,822 shares during the period. iShares Core High Dividend ETF makes up approximately 1.2% of Shira Ridge Wealth Management’s investment portfolio, making the stock its 23rd biggest position. Shira Ridge Wealth Management’s holdings in iShares Core High Dividend ETF were worth $2,152,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of HDV. Financial Management Professionals Inc. purchased a new position in shares of iShares Core High Dividend ETF during the 4th quarter valued at $25,000. Wetzel Investment Advisors Inc. bought a new stake in iShares Core High Dividend ETF in the 4th quarter valued at $26,000. Elevate Wealth Advisory Inc. bought a new stake in iShares Core High Dividend ETF in the 4th quarter valued at $30,000. Hazlett Burt & Watson Inc. bought a new stake in iShares Core High Dividend ETF in the 4th quarter valued at $39,000. Finally, Northwest Financial Advisors bought a new stake in iShares Core High Dividend ETF in the 4th quarter valued at $42,000.

iShares Core High Dividend ETF Stock Down 0.2 %

NYSEARCA HDV traded down $0.20 on Tuesday, reaching $108.24. The company had a trading volume of 343,088 shares, compared to its average volume of 462,682. The stock has a market capitalization of $10.22 billion, a PE ratio of 13.82 and a beta of 0.55. The firm’s 50 day moving average price is $109.00 and its 200 day moving average price is $106.64. iShares Core High Dividend ETF has a 12 month low of $93.46 and a 12 month 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.