Summit Wealth Partners LLC Cuts Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Summit Wealth Partners LLC trimmed its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,279 shares of the exchange traded fund’s stock after selling 222 shares during the period. iShares Core High Dividend ETF comprises about 1.0% of Summit Wealth Partners LLC’s portfolio, making the stock its 25th biggest position. Summit Wealth Partners LLC’s holdings in iShares Core High Dividend ETF were worth $4,634,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. purchased a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth approximately $25,000. Providence Capital Advisors LLC purchased a new position in iShares Core High Dividend ETF in the 3rd quarter valued at $32,000. Westside Investment Management Inc. grew its position in iShares Core High Dividend ETF by 57.1% in the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 108 shares during the last quarter. McClarren Financial Advisors Inc. boosted its position in shares of iShares Core High Dividend ETF by 53.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 116 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares Core High Dividend ETF by 28.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 435 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 97 shares in the last quarter.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA HDV opened at $115.32 on Thursday. The firm has a market capitalization of $10.89 billion, a P/E ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a one year low of $102.31 and a one year high of $121.70. The company’s fifty day moving average is $114.59 and its two-hundred day moving average is $116.20.

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.