Jackson Wealth Management LLC Reduces Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Jackson Wealth Management LLC decreased its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 40.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,433 shares of the exchange traded fund’s stock after selling 9,742 shares during the quarter. Jackson Wealth Management LLC’s holdings in iShares Core High Dividend ETF were worth $1,569,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Wetzel Investment Advisors Inc. purchased a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at about $26,000. Elevate Wealth Advisory Inc. purchased a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at about $30,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at about $39,000. Russell Investments Group Ltd. lifted its position in iShares Core High Dividend ETF by 56.4% in the first quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 128 shares during the last quarter. Finally, Northwest Financial Advisors acquired a new position in iShares Core High Dividend ETF in the fourth quarter valued at about $42,000.

iShares Core High Dividend ETF Trading Down 0.1 %

NYSEARCA HDV traded down $0.17 during trading hours on Friday, reaching $114.37. The company had a trading volume of 487,668 shares, compared to its average volume of 447,440. The stock has a 50-day moving average of $109.81 and a 200 day moving average of $108.02. iShares Core High Dividend ETF has a 1-year low of $93.46 and a 1-year high of $115.87. The stock has a market capitalization of $10.80 billion, a P/E ratio of 13.82 and a beta of 0.55.

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.