King Luther Capital Management Corp Sells 1,513 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

King Luther Capital Management Corp trimmed its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 8.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,687 shares of the exchange traded fund’s stock after selling 1,513 shares during the period. King Luther Capital Management Corp’s holdings in iShares Core High Dividend ETF were worth $1,963,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Chilton Capital Management LLC purchased a new stake in iShares Core High Dividend ETF during the second quarter valued at approximately $33,000. Russell Investments Group Ltd. lifted its holdings in shares of iShares Core High Dividend ETF by 56.4% during the 1st quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 128 shares during the last quarter. McClarren Financial Advisors Inc. boosted its position in shares of iShares Core High Dividend ETF by 53.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 116 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Core High Dividend ETF during the 2nd quarter worth $41,000. Finally, Hantz Financial Services Inc. purchased a new stake in iShares Core High Dividend ETF in the second quarter valued at about $48,000.

iShares Core High Dividend ETF Stock Performance

Shares of NYSEARCA HDV opened at $120.79 on Friday. iShares Core High Dividend ETF has a fifty-two week low of $98.17 and a fifty-two week high of $121.23. The company has a market cap of $11.41 billion, a PE ratio of 13.82 and a beta of 0.55. The business has a 50-day simple moving average of $118.25 and a two-hundred day simple moving average of $114.08.

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.