Sowa Financial Group Inc. Sells 21,882 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Sowa Financial Group Inc. decreased its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 43.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,453 shares of the exchange traded fund’s stock after selling 21,882 shares during the quarter. iShares Core High Dividend ETF makes up approximately 2.0% of Sowa Financial Group Inc.’s portfolio, making the stock its 11th largest position. Sowa Financial Group Inc.’s holdings in iShares Core High Dividend ETF were worth $3,194,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in HDV. Providence Capital Advisors LLC purchased a new position in iShares Core High Dividend ETF during the third quarter worth about $32,000. Westside Investment Management Inc. lifted its position in shares of iShares Core High Dividend ETF by 57.1% during the 3rd quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 108 shares in the last quarter. McClarren Financial Advisors Inc. grew its holdings in shares of iShares Core High Dividend ETF by 53.5% in the third quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 116 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares Core High Dividend ETF by 28.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 435 shares of the exchange traded fund’s stock valued at $49,000 after acquiring an additional 97 shares in the last quarter. Finally, Tompkins Financial Corp purchased a new stake in shares of iShares Core High Dividend ETF during the third quarter valued at approximately $53,000.

iShares Core High Dividend ETF Trading Up 0.5 %

HDV stock opened at $114.90 on Tuesday. The stock has a market cap of $10.85 billion, a P/E ratio of 13.82 and a beta of 0.55. The stock’s fifty day simple moving average is $115.63 and its two-hundred day simple moving average is $115.85. iShares Core High Dividend ETF has a 1-year low of $101.06 and a 1-year high of $121.70.

About iShares Core High Dividend ETF

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.