Simmons Bank Sells 19,810 Shares of iShares Core High Dividend ETF $HDV

Simmons Bank decreased its holdings in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 10.1% during the first quarter, HoldingsChannel reports. The fund owned 176,184 shares of the exchange traded fund’s stock after selling 19,810 shares during the quarter. iShares Core High Dividend ETF comprises about 1.6% of Simmons Bank’s investment portfolio, making the stock its 12th biggest holding. Simmons Bank’s holdings in iShares Core High Dividend ETF were worth $23,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Merkkuri Wealth Advisors LLC bought a new position in shares of iShares Core High Dividend ETF in the first quarter worth $26,000. Rakuten Securities Inc. grew its position in shares of iShares Core High Dividend ETF by 101.9% in the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 109 shares in the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF during the 4th quarter valued at $28,000. EQ Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF during the 4th quarter valued at $40,000. Finally, Caitlin John LLC purchased a new stake in iShares Core High Dividend ETF during the 3rd quarter worth about $42,000.

iShares Core High Dividend ETF Stock Performance

Shares of HDV opened at $27.69 on Tuesday. iShares Core High Dividend ETF has a 52-week low of $23.30 and a 52-week high of $28.18. The stock’s 50-day simple moving average is $27.28 and its 200 day simple moving average is $26.60. The stock has a market capitalization of $13.71 billion, a price-to-earnings ratio of 18.55 and a beta of 0.53.

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.