Kapstone Financial Advisors LLC Has $10.81 Million Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Kapstone Financial Advisors LLC decreased its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 0.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 103,924 shares of the exchange traded fund’s stock after selling 579 shares during the period. iShares Core High Dividend ETF comprises about 8.4% of Kapstone Financial Advisors LLC’s holdings, making the stock its 3rd biggest position. Kapstone Financial Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $10,808,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Financial Management Professionals Inc. bought a new position in iShares Core High Dividend ETF during the fourth quarter valued at $25,000. Wetzel Investment Advisors Inc. bought a new position in iShares Core High Dividend ETF during the fourth quarter valued at $26,000. Hazlett Burt & Watson Inc. bought a new position in iShares Core High Dividend ETF during the fourth quarter valued at $39,000. Stephens Consulting LLC bought a new position in iShares Core High Dividend ETF during the fourth quarter valued at $72,000. Finally, Fifth Third Bancorp raised its stake in shares of iShares Core High Dividend ETF by 882.8% in the third quarter. Fifth Third Bancorp now owns 855 shares of the exchange traded fund’s stock valued at $85,000 after acquiring an additional 768 shares during the period.

iShares Core High Dividend ETF Price Performance

Shares of HDV traded down $0.74 during midday trading on Friday, hitting $108.58. The stock had a trading volume of 261,272 shares, compared to its average volume of 571,308. iShares Core High Dividend ETF has a 1 year low of $93.46 and a 1 year high of $110.33. The firm has a market cap of $10.34 billion, a PE ratio of 13.70 and a beta of 0.55. The stock’s 50 day moving average is $107.62 and its 200 day moving average is $102.97.

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.