Gray Wealth Management Inc. Sells 945 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Gray Wealth Management Inc. trimmed its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 15.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,290 shares of the exchange traded fund’s stock after selling 945 shares during the quarter. Gray Wealth Management Inc.’s holdings in iShares Core High Dividend ETF were worth $540,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in HDV. Moneta Group Investment Advisors LLC bought a new position in iShares Core High Dividend ETF during the 4th quarter worth approximately $853,748,000. Cowa LLC raised its stake in iShares Core High Dividend ETF by 9,674.3% during the first quarter. Cowa LLC now owns 3,820,695 shares of the exchange traded fund’s stock worth $4,084,000 after buying an additional 3,781,606 shares during the last quarter. Meiji Yasuda Life Insurance Co lifted its holdings in iShares Core High Dividend ETF by 105.3% in the third quarter. Meiji Yasuda Life Insurance Co now owns 2,512,228 shares of the exchange traded fund’s stock valued at $248,434,000 after buying an additional 1,288,572 shares during the period. UBS Group AG boosted its position in iShares Core High Dividend ETF by 7.8% during the first quarter. UBS Group AG now owns 1,565,346 shares of the exchange traded fund’s stock valued at $167,320,000 after acquiring an additional 113,575 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in iShares Core High Dividend ETF by 4.4% during the first quarter. JPMorgan Chase & Co. now owns 967,394 shares of the exchange traded fund’s stock valued at $98,346,000 after acquiring an additional 41,175 shares during the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of iShares Core High Dividend ETF stock traded up $0.40 on Thursday, reaching $106.68. 247,198 shares of the company’s stock were exchanged, compared to its average volume of 590,836. The company has a market capitalization of $10.16 billion, a P/E ratio of 13.70 and a beta of 0.55. iShares Core High Dividend ETF has a 52 week low of $93.46 and a 52 week high of $110.33. The firm’s 50-day moving average is $106.94 and its two-hundred day moving average is $102.41.

About iShares Core High Dividend ETF

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.