Pallas Capital Advisors LLC Lowers Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Pallas Capital Advisors LLC decreased its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 5.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 5,837 shares of the exchange traded fund’s stock after selling 368 shares during the period. Pallas Capital Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $661,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HDV. Wetzel Investment Advisors Inc. bought a new stake in iShares Core High Dividend ETF during the fourth quarter valued at about $26,000. Elevate Wealth Advisory Inc. bought a new stake in shares of iShares Core High Dividend ETF in the 4th quarter valued at about $30,000. Russell Investments Group Ltd. boosted its holdings in shares of 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. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Core High Dividend ETF in the 2nd quarter worth approximately $41,000. Finally, Northwest Financial Advisors bought a new position in shares of iShares Core High Dividend ETF during the 4th quarter worth approximately $42,000.

iShares Core High Dividend ETF Stock Performance

HDV traded up $0.23 during trading on Wednesday, hitting $115.67. The stock had a trading volume of 35,573 shares, compared to its average volume of 433,502. The stock has a 50 day simple moving average of $111.03 and a two-hundred day simple moving average of $108.96. iShares Core High Dividend ETF has a twelve month low of $93.46 and a twelve month high of $116.32. The company has a market capitalization of $10.93 billion, a PE ratio of 13.82 and a beta of 0.55.

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.