King Luther Capital Management Corp Cuts Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

King Luther Capital Management Corp trimmed its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 4.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,200 shares of the exchange traded fund’s stock after selling 749 shares during the period. King Luther Capital Management Corp’s holdings in iShares Core High Dividend ETF were worth $1,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of HDV. Elevate Wealth Advisory Inc. bought a new stake in shares of iShares Core High Dividend ETF in the 4th quarter valued at approximately $30,000. Chilton Capital Management LLC bought a new stake in iShares Core High Dividend ETF in the second quarter worth $33,000. Russell Investments Group Ltd. boosted its stake in iShares Core High Dividend ETF by 56.4% during the first quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 128 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares Core High Dividend ETF during the second quarter valued at $41,000. Finally, Sound Income Strategies LLC raised its stake in shares of iShares Core High Dividend ETF by 1,052.9% in the first quarter. Sound Income Strategies LLC now owns 392 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 358 shares during the period.

iShares Core High Dividend ETF Trading Down 0.0 %

HDV stock opened at $118.04 on Friday. The stock has a market cap of $11.15 billion, a PE ratio of 13.82 and a beta of 0.55. iShares Core High Dividend ETF has a 12 month low of $93.46 and a 12 month high of $119.07. The company has a 50-day moving average price of $115.27 and a 200 day moving average price of $110.97.

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.