HighTower Advisors LLC Sells 6,107 Shares of iShares Core High Dividend ETF $HDV

HighTower Advisors LLC cut its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 4.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 123,294 shares of the exchange traded fund’s stock after selling 6,107 shares during the quarter. HighTower Advisors LLC owned approximately 0.13% of iShares Core High Dividend ETF worth $15,097,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of iShares Core High Dividend ETF by 3.6% in the 2nd quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock worth $527,484,000 after purchasing an additional 155,098 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares Core High Dividend ETF by 3.8% during the second quarter. JPMorgan Chase & Co. now owns 1,203,661 shares of the exchange traded fund’s stock valued at $141,033,000 after buying an additional 43,852 shares during the period. Commonwealth Equity Services LLC raised its stake in iShares Core High Dividend ETF by 5.9% in the second quarter. Commonwealth Equity Services LLC now owns 837,859 shares of the exchange traded fund’s stock worth $98,172,000 after buying an additional 46,414 shares in the last quarter. Securian Asset Management Inc. lifted its holdings in iShares Core High Dividend ETF by 2.0% during the third quarter. Securian Asset Management Inc. now owns 778,802 shares of the exchange traded fund’s stock worth $95,364,000 after buying an additional 15,000 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in iShares Core High Dividend ETF by 2.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 770,855 shares of the exchange traded fund’s stock valued at $90,321,000 after acquiring an additional 21,454 shares in the last quarter.

iShares Core High Dividend ETF Trading Down 0.2%

HDV opened at $137.90 on Friday. The firm has a market cap of $13.38 billion, a price-to-earnings ratio of 18.55 and a beta of 0.64. iShares Core High Dividend ETF has a 12 month low of $106.00 and a 12 month high of $140.05. The stock has a fifty day moving average price of $128.32 and a 200-day moving average price of $123.98.

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.