Kapstone Financial Advisors LLC Has $12.28 Million Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

Kapstone Financial Advisors LLC lowered its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 0.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 104,883 shares of the exchange traded fund’s stock after selling 234 shares during the period. iShares Core High Dividend ETF accounts for about 7.4% of Kapstone Financial Advisors LLC’s holdings, making the stock its 4th biggest holding. Kapstone Financial Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $12,281,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in HDV. Raymond James & Associates raised its position in iShares Core High Dividend ETF by 1.7% in the 3rd quarter. Raymond James & Associates now owns 266,194 shares of the exchange traded fund’s stock valued at $31,310,000 after buying an additional 4,400 shares during the last quarter. Kohmann Bosshard Financial Services LLC grew its stake in shares of iShares Core High Dividend ETF by 6.9% during the 2nd quarter. Kohmann Bosshard Financial Services LLC now owns 150,091 shares of the exchange traded fund’s stock worth $16,315,000 after acquiring an additional 9,721 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of iShares Core High Dividend ETF by 175.5% in the third quarter. Park Avenue Securities LLC now owns 26,485 shares of the exchange traded fund’s stock valued at $3,115,000 after purchasing an additional 16,872 shares during the last quarter. CreativeOne Wealth LLC lifted its position in shares of iShares Core High Dividend ETF by 8.9% in the first quarter. CreativeOne Wealth LLC now owns 2,732 shares of the exchange traded fund’s stock worth $301,000 after purchasing an additional 223 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. boosted its holdings in iShares Core High Dividend ETF by 35.7% during the first quarter. B. Riley Wealth Advisors Inc. now owns 16,351 shares of the exchange traded fund’s stock worth $1,802,000 after purchasing an additional 4,302 shares during the last quarter.

iShares Core High Dividend ETF Stock Performance

iShares Core High Dividend ETF stock traded down $0.27 during mid-day trading on Thursday, reaching $117.97. The company’s stock had a trading volume of 58,147 shares, compared to its average volume of 442,002. The business’s 50 day simple moving average is $117.96 and its 200 day simple moving average is $113.60. iShares Core High Dividend ETF has a 12 month low of $96.63 and a 12 month high of $119.93. The company has a market capitalization of $11.14 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55.

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.