PBMares Wealth Management LLC Sells 1,626 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

PBMares Wealth Management LLC decreased its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 41.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 2,299 shares of the exchange traded fund’s stock after selling 1,626 shares during the period. PBMares Wealth Management LLC’s holdings in iShares Core High Dividend ETF were worth $270,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Chilton Capital Management LLC bought a new position in iShares Core High Dividend ETF during the second quarter worth about $33,000. Russell Investments Group Ltd. boosted its stake in iShares Core High Dividend ETF by 56.4% in the 1st 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 in the last quarter. McClarren Financial Advisors Inc. grew its position in iShares Core High Dividend ETF by 53.5% in the third quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 116 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Core High Dividend ETF during the second quarter valued at $41,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of iShares Core High Dividend ETF during the 2nd quarter worth about $48,000.

iShares Core High Dividend ETF Price Performance

Shares of NYSEARCA:HDV traded down $0.26 during midday trading on Tuesday, reaching $117.49. The company’s stock had a trading volume of 36,065 shares, compared to its average volume of 450,762. iShares Core High Dividend ETF has a fifty-two week low of $94.22 and a fifty-two week high of $119.74. The company has a market capitalization of $11.10 billion, a P/E ratio of 13.82 and a beta of 0.55. The business’s fifty day simple moving average is $117.77 and its 200-day simple moving average is $112.77.

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.