Truist Financial Corp Lowers Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Truist Financial Corp cut its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 23.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 841,774 shares of the exchange traded fund’s stock after selling 261,105 shares during the quarter. Truist Financial Corp’s holdings in iShares Core High Dividend ETF were worth $85,853,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of HDV. Meiji Yasuda Life Insurance Co lifted its position in iShares Core High Dividend ETF by 105.3% during the third quarter. Meiji Yasuda Life Insurance Co now owns 2,512,228 shares of the exchange traded fund’s stock valued at $248,434,000 after purchasing an additional 1,288,572 shares in the last quarter. Federated Hermes Inc. lifted its position in iShares Core High Dividend ETF by 449.7% during the fourth quarter. Federated Hermes Inc. now owns 515,674 shares of the exchange traded fund’s stock valued at $52,594,000 after purchasing an additional 421,865 shares in the last quarter. International Assets Investment Management LLC lifted its position in iShares Core High Dividend ETF by 9,226.2% during the fourth quarter. International Assets Investment Management LLC now owns 294,801 shares of the exchange traded fund’s stock valued at $30,067,000 after purchasing an additional 291,640 shares in the last quarter. Prudential PLC purchased a new position in iShares Core High Dividend ETF during the third quarter valued at $28,163,000. Finally, Comerica Bank purchased a new position in iShares Core High Dividend ETF during the third quarter valued at $25,504,000.

iShares Core High Dividend ETF Trading Down 0.7 %

NYSEARCA HDV traded down $0.74 on Friday, hitting $108.58. 261,272 shares of the company traded hands, compared to its average volume of 571,308. The business’s 50 day moving average price is $107.62 and its 200-day moving average price is $102.94. iShares Core High Dividend ETF has a 52-week low of $93.46 and a 52-week high of $110.33. The company has a market capitalization of $10.34 billion, a price-to-earnings ratio of 13.70 and a beta of 0.55.

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.