Hilltop Holdings Inc. Trims Stake in iShares Core High Dividend ETF (NYSEARCA:HDV)

Hilltop Holdings Inc. cut its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 2.6% in the third quarter, Holdings Channel.com reports. The firm owned 3,282 shares of the exchange traded fund’s stock after selling 88 shares during the quarter. Hilltop Holdings Inc.’s holdings in iShares Core High Dividend ETF were worth $386,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Centaurus Financial Inc. lifted its position in shares of iShares Core High Dividend ETF by 8.4% during the second quarter. Centaurus Financial Inc. now owns 1,160 shares of the exchange traded fund’s stock worth $126,000 after purchasing an additional 90 shares during the last quarter. Straight Path Wealth Management boosted its position in iShares Core High Dividend ETF by 1.1% in the 3rd quarter. Straight Path Wealth Management now owns 9,317 shares of the exchange traded fund’s stock valued at $1,096,000 after buying an additional 97 shares during the period. Jaffetilchin Investment Partners LLC boosted its position in iShares Core High Dividend ETF by 0.7% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 14,647 shares of the exchange traded fund’s stock valued at $1,592,000 after buying an additional 99 shares during the period. Parsons Capital Management Inc. RI grew its stake in iShares Core High Dividend ETF by 0.9% in the 2nd quarter. Parsons Capital Management Inc. RI now owns 11,160 shares of the exchange traded fund’s stock worth $1,213,000 after acquiring an additional 100 shares in the last quarter. Finally, WealthShield Partners LLC increased its position in shares of iShares Core High Dividend ETF by 3.6% during the second quarter. WealthShield Partners LLC now owns 2,956 shares of the exchange traded fund’s stock worth $321,000 after acquiring an additional 104 shares during the period.

iShares Core High Dividend ETF Stock Performance

iShares Core High Dividend ETF stock opened at $118.41 on Friday. iShares Core High Dividend ETF has a fifty-two week low of $99.75 and a fifty-two week high of $121.70. The company has a market capitalization of $11.18 billion, a PE ratio of 13.82 and a beta of 0.55. The company has a 50 day moving average price of $118.74 and a 200-day moving average price of $114.74.

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.