Northwestern Mutual Wealth Management Co. Sells 206,344 Shares of iShares Core High Dividend ETF $HDV

Northwestern Mutual Wealth Management Co. trimmed its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 87.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,555 shares of the exchange traded fund’s stock after selling 206,344 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Core High Dividend ETF were worth $3,716,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Rakuten Securities Inc. grew its position in iShares Core High Dividend ETF by 101.9% in the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 109 shares in the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF during the 4th quarter worth $28,000. EPG Wealth Management LLC bought a new stake in shares of iShares Core High Dividend ETF during the 3rd quarter worth $40,000. EQ Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF during the 4th quarter worth $40,000. Finally, Caitlin John LLC bought a new stake in shares of iShares Core High Dividend ETF during the 3rd quarter worth $42,000.

iShares Core High Dividend ETF Stock Performance

NYSEARCA HDV opened at $27.95 on Monday. The company has a fifty day simple moving average of $26.99 and a 200 day simple moving average of $26.04. The company has a market cap of $13.84 billion, a P/E ratio of 18.55 and a beta of 0.54. iShares Core High Dividend ETF has a 1 year low of $22.83 and a 1 year high of $28.18.

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.