King Luther Capital Management Corp Has $1.84 Million Stock Holdings in iShares Core High Dividend ETF (NYSEARCA:HDV)

King Luther Capital Management Corp trimmed its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,360 shares of the exchange traded fund’s stock after selling 327 shares during the quarter. King Luther Capital Management Corp’s holdings in iShares Core High Dividend ETF were worth $1,837,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new stake in iShares Core High Dividend ETF in the fourth quarter valued at $25,000. Providence First Trust Co acquired a new position in iShares Core High Dividend ETF during the 4th quarter worth about $30,000. Providence Capital Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF in the 3rd quarter valued at about $32,000. Westside Investment Management Inc. increased its stake in shares of iShares Core High Dividend ETF by 57.1% in the third quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 108 shares during the period. Finally, Roxbury Financial LLC bought a new position in shares of iShares Core High Dividend ETF during the fourth quarter worth about $42,000.

iShares Core High Dividend ETF Price Performance

iShares Core High Dividend ETF stock opened at $117.74 on Thursday. The stock’s 50 day moving average is $116.10 and its 200 day moving average is $116.96. iShares Core High Dividend ETF has a one year low of $105.65 and a one year high of $122.50. The firm has a market cap of $10.85 billion, a P/E ratio of 19.77 and a beta of 0.82.

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.