Simmons Bank Sells 3,946 Shares of iShares Core High Dividend ETF (NYSEARCA:HDV)

Simmons Bank decreased its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 2.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 182,726 shares of the exchange traded fund’s stock after selling 3,946 shares during the period. iShares Core High Dividend ETF comprises about 1.6% of Simmons Bank’s investment portfolio, making the stock its 12th largest holding. Simmons Bank’s holdings in iShares Core High Dividend ETF were worth $21,492,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Chilton Capital Management LLC bought a new stake in shares of iShares Core High Dividend ETF during the second quarter worth $33,000. McClarren Financial Advisors Inc. grew its holdings in iShares Core High Dividend ETF by 53.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 116 shares during the last quarter. Russell Investments Group Ltd. increased its position in iShares Core High Dividend ETF by 56.4% in the 1st quarter. Russell Investments Group Ltd. now owns 355 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 128 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Core High Dividend ETF in the second quarter worth about $41,000. Finally, Hantz Financial Services Inc. acquired a new position in shares of iShares Core High Dividend ETF during the second quarter worth approximately $48,000.

iShares Core High Dividend ETF Price Performance

Shares of iShares Core High Dividend ETF stock opened at $117.93 on Wednesday. The firm has a 50 day simple moving average of $117.95 and a 200 day simple moving average of $113.57. iShares Core High Dividend ETF has a fifty-two week low of $95.49 and a fifty-two week high of $119.93. The firm has a market cap of $11.14 billion, a P/E ratio of 13.82 and a beta of 0.55.

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.