iShares Core High Dividend ETF (NYSEARCA:HDV) Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC cut its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 14.1% in the third quarter, HoldingsChannel reports. The firm owned 22,123 shares of the exchange traded fund’s stock after selling 3,639 shares during the period. Townsquare Capital LLC’s holdings in iShares Core High Dividend ETF were worth $2,602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Chilton Capital Management LLC purchased a new position in shares of iShares Core High Dividend ETF during the 2nd quarter valued at about $33,000. McClarren Financial Advisors Inc. lifted its stake in shares of iShares Core High Dividend ETF by 53.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 333 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 116 shares during the period. Russell Investments Group Ltd. boosted its holdings in 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 worth $39,000 after buying an additional 128 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Core High Dividend ETF during the second quarter worth $41,000. Finally, Hantz Financial Services Inc. acquired a new stake in iShares Core High Dividend ETF during the second quarter valued at $48,000.

iShares Core High Dividend ETF Stock Performance

Shares of iShares Core High Dividend ETF stock opened at $121.28 on Friday. The firm has a 50-day simple moving average of $118.55 and a two-hundred day simple moving average of $114.46. iShares Core High Dividend ETF has a fifty-two week low of $98.86 and a fifty-two week high of $121.70. The company has a market cap of $11.45 billion, a P/E ratio of 13.82 and a beta of 0.55.

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.