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

Gray Wealth Management Inc. cut its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 15.2% during the 4th 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 period. Gray Wealth Management Inc.’s holdings in iShares Core High Dividend ETF were worth $540,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Financial Management Professionals Inc. bought a new stake in iShares Core High Dividend ETF in the 4th quarter worth approximately $25,000. Russell Investments Group Ltd. bought a new position in iShares Core High Dividend ETF in the second quarter worth approximately $26,000. Tyler Stone Wealth Management purchased a new stake in shares of iShares Core High Dividend ETF in the 2nd quarter worth $29,000. Hazlett Burt & Watson Inc. bought a new position in iShares Core High Dividend ETF in the 4th quarter worth $39,000. Finally, Fortis Capital Advisors LLC purchased a new position in iShares Core High Dividend ETF during the fourth quarter valued at $42,000.

iShares Core High Dividend ETF Stock Up 0.4 %

HDV traded up $0.40 during midday trading on Thursday, reaching $106.68. The company had a trading volume of 247,198 shares, compared to its average volume of 590,836. iShares Core High Dividend ETF has a 1 year low of $93.46 and a 1 year high of $110.33. The company has a market cap of $10.16 billion, a P/E ratio of 13.70 and a beta of 0.55. The business has a 50-day moving average of $106.94 and a two-hundred day moving average of $102.41.

iShares Core High Dividend ETF Company 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.