King Luther Capital Management Corp Lowers Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

King Luther Capital Management Corp cut its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 4.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,200 shares of the exchange traded fund’s stock after selling 749 shares during the quarter. King Luther Capital Management Corp’s holdings in iShares Core High Dividend ETF were worth $1,978,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Elevate Wealth Advisory Inc. purchased a new position in iShares Core High Dividend ETF during the 4th quarter worth $30,000. Chilton Capital Management LLC bought a new position in shares of iShares Core High Dividend ETF during the 2nd quarter worth $33,000. Russell Investments Group Ltd. increased its stake in shares of 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 valued at $39,000 after buying an additional 128 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Core High Dividend ETF in the second quarter valued at about $41,000. Finally, Sound Income Strategies LLC lifted its stake in 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 worth $43,000 after acquiring an additional 358 shares during the period.

iShares Core High Dividend ETF Stock Performance

NYSEARCA HDV opened at $118.04 on Friday. iShares Core High Dividend ETF has a one year low of $93.46 and a one year high of $119.07. The company has a market capitalization of $11.15 billion, a price-to-earnings ratio of 13.82 and a beta of 0.55. The company’s 50-day simple moving average is $115.27 and its two-hundred day simple moving average is $110.97.

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.