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

Simmons Bank lessened its stake in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 10.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 176,184 shares of the exchange traded fund’s stock after selling 19,810 shares during the period. iShares Core High Dividend ETF comprises about 1.6% of Simmons Bank’s holdings, making the stock its 12th biggest position. Simmons Bank owned about 0.18% of iShares Core High Dividend ETF worth $23,911,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Merkkuri Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF in the 1st quarter worth approximately $26,000. Rakuten Securities Inc. increased its position in 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 worth $25,000 after buying an additional 109 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at $28,000. EQ Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at $40,000. Finally, Caitlin John LLC purchased a new position in shares of iShares Core High Dividend ETF during the 3rd quarter valued at $42,000.

iShares Core High Dividend ETF Stock Performance

HDV stock opened at $27.69 on Tuesday. The company 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 has a fifty-two week low of $23.30 and a fifty-two week high of $28.18. The stock has a fifty day moving average of $27.28 and a 200-day moving average of $26.60.

About iShares Core High Dividend ETF

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.