M&T Bank Corp Lowers Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

M&T Bank Corp lessened its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 722,485 shares of the exchange traded fund’s stock after selling 2,706 shares during the quarter. M&T Bank Corp owned approximately 0.76% of iShares Core High Dividend ETF worth $81,106,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of HDV. Atria Investments Inc lifted its stake in iShares Core High Dividend ETF by 47.9% during the 4th quarter. Atria Investments Inc now owns 111,228 shares of the exchange traded fund’s stock valued at $12,486,000 after acquiring an additional 36,006 shares in the last quarter. Assetmark Inc. raised its holdings in shares of iShares Core High Dividend ETF by 745.8% in the fourth quarter. Assetmark Inc. now owns 2,199 shares of the exchange traded fund’s stock valued at $247,000 after purchasing an additional 1,939 shares during the last quarter. Synergy Investment Management LLC purchased a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at about $52,000. Patten Group Inc. lifted its position in shares of iShares Core High Dividend ETF by 22.8% during the fourth quarter. Patten Group Inc. now owns 9,668 shares of the exchange traded fund’s stock valued at $1,085,000 after purchasing an additional 1,798 shares in the last quarter. Finally, Tacita Capital Inc boosted its holdings in iShares Core High Dividend ETF by 7.5% during the fourth quarter. Tacita Capital Inc now owns 6,829 shares of the exchange traded fund’s stock worth $767,000 after purchasing an additional 474 shares during the last quarter.

iShares Core High Dividend ETF Stock Performance

NYSEARCA:HDV opened at $118.88 on Wednesday. iShares Core High Dividend ETF has a 52 week low of $105.65 and a 52 week high of $121.70. The firm has a 50-day moving average price of $115.28 and a two-hundred day moving average price of $116.84. The firm has a market cap of $10.95 billion, a price-to-earnings ratio of 19.77 and a beta of 0.82.

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.