Gateway Wealth Partners LLC Reduces Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Gateway Wealth Partners LLC decreased its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 48.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,644 shares of the exchange traded fund’s stock after selling 3,435 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares Core High Dividend ETF were worth $429,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Chilton Capital Management LLC purchased a new position in iShares Core High Dividend ETF during the second quarter valued at approximately $33,000. Russell Investments Group Ltd. lifted its holdings in iShares Core High Dividend ETF by 56.4% during the first quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 128 shares in the last quarter. McClarren Financial Advisors Inc. lifted its holdings in iShares Core High Dividend ETF by 53.5% during the third quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 116 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Core High Dividend ETF during the second quarter valued at approximately $41,000. Finally, Hantz Financial Services Inc. purchased a new position in iShares Core High Dividend ETF during the second quarter valued at approximately $48,000.

iShares Core High Dividend ETF Price Performance

Shares of NYSEARCA:HDV opened at $116.85 on Wednesday. iShares Core High Dividend ETF has a 1-year low of $94.22 and a 1-year high of $119.74. The company has a market capitalization of $11.04 billion, a P/E ratio of 13.82 and a beta of 0.55. The firm’s 50 day simple moving average is $117.80 and its two-hundred day simple moving average is $112.84.

iShares Core High Dividend ETF 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.