Formidable Asset Management LLC Sells 6,737 Shares of iShares Core High Dividend ETF $HDV

Formidable Asset Management LLC cut its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 26.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 18,751 shares of the exchange traded fund’s stock after selling 6,737 shares during the quarter. Formidable Asset Management LLC’s holdings in iShares Core High Dividend ETF were worth $2,296,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in HDV. Trust Co. of Vermont lifted its stake in shares of iShares Core High Dividend ETF by 12.8% in the fourth quarter. Trust Co. of Vermont now owns 2,836 shares of the exchange traded fund’s stock worth $345,000 after acquiring an additional 322 shares during the period. Maltin Wealth Management Inc. boosted its holdings in iShares Core High Dividend ETF by 7.8% in the fourth quarter. Maltin Wealth Management Inc. now owns 57,557 shares of the exchange traded fund’s stock valued at $7,000,000 after acquiring an additional 4,159 shares during the last quarter. Ironwood Wealth Management LLC. increased its position in iShares Core High Dividend ETF by 3.9% during the 4th quarter. Ironwood Wealth Management LLC. now owns 20,236 shares of the exchange traded fund’s stock valued at $2,509,000 after purchasing an additional 751 shares during the period. ADG Wealth Management Group LLC increased its position in iShares Core High Dividend ETF by 6.8% during the 4th quarter. ADG Wealth Management Group LLC now owns 8,173 shares of the exchange traded fund’s stock valued at $994,000 after purchasing an additional 518 shares during the period. Finally, Shrier Wealth Management LLC bought a new position in iShares Core High Dividend ETF during the 4th quarter worth approximately $1,291,000.

iShares Core High Dividend ETF Stock Performance

iShares Core High Dividend ETF stock opened at $133.99 on Friday. The firm has a market cap of $13.00 billion, a price-to-earnings ratio of 18.55 and a beta of 0.64. iShares Core High Dividend ETF has a 52-week low of $106.00 and a 52-week high of $140.89. The firm has a 50 day moving average price of $135.58 and a two-hundred day moving average price of $126.82.

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.