Thrivent Financial for Lutherans Trims Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Thrivent Financial for Lutherans decreased its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 5.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 244,772 shares of the exchange traded fund’s stock after selling 13,372 shares during the quarter. Thrivent Financial for Lutherans owned 0.26% of iShares Core High Dividend ETF worth $28,664,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Flagship Wealth Advisors LLC purchased a new position in shares of iShares Core High Dividend ETF in the 4th quarter valued at about $369,000. Signaturefd LLC purchased a new position in shares of iShares Core High Dividend ETF during the 4th quarter valued at approximately $243,000. GWN Securities Inc. acquired a new stake in iShares Core High Dividend ETF in the 4th quarter valued at $891,000. Harbour Investments Inc. increased its holdings in iShares Core High Dividend ETF by 112.5% in the 4th quarter. Harbour Investments Inc. now owns 18,234 shares of the exchange traded fund’s stock worth $2,047,000 after acquiring an additional 9,653 shares in the last quarter. Finally, Avantax Advisory Services Inc. raised its position in iShares Core High Dividend ETF by 4.7% during the fourth quarter. Avantax Advisory Services Inc. now owns 121,153 shares of the exchange traded fund’s stock worth $13,601,000 after acquiring an additional 5,411 shares during the period.

iShares Core High Dividend ETF Stock Down 0.2 %

Shares of NYSEARCA HDV opened at $119.32 on Friday. iShares Core High Dividend ETF has a 52-week low of $105.65 and a 52-week high of $122.50. The company’s 50-day simple moving average is $116.94 and its 200-day simple moving average is $117.02. The firm has a market cap of $11.03 billion, a price-to-earnings 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.