RFG Advisory LLC Decreases Stake in iShares Core High Dividend ETF $HDV

RFG Advisory LLC lessened its stake in iShares Core High Dividend ETF (NYSEARCA:HDV) by 20.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 3,883 shares of the exchange traded fund’s stock after selling 985 shares during the quarter. RFG Advisory LLC’s holdings in iShares Core High Dividend ETF were worth $455,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Patten & Patten Inc. TN boosted its stake in shares of iShares Core High Dividend ETF by 3.6% in the 1st quarter. Patten & Patten Inc. TN now owns 7,510 shares of the exchange traded fund’s stock valued at $910,000 after buying an additional 260 shares during the period. Vision Capital Management Inc. purchased a new position in shares of iShares Core High Dividend ETF in the 2nd quarter valued at about $210,000. Lodestar Private Asset Management LLC boosted its stake in shares of iShares Core High Dividend ETF by 30.9% in the 2nd quarter. Lodestar Private Asset Management LLC now owns 3,579 shares of the exchange traded fund’s stock valued at $419,000 after buying an additional 844 shares during the period. Novem Group boosted its stake in shares of iShares Core High Dividend ETF by 5.3% in the 2nd quarter. Novem Group now owns 2,097 shares of the exchange traded fund’s stock valued at $246,000 after buying an additional 106 shares during the period. Finally, Concord Asset Management LLC VA purchased a new position in shares of iShares Core High Dividend ETF in the 2nd quarter valued at about $1,882,000.

iShares Core High Dividend ETF Stock Performance

Shares of HDV opened at $122.14 on Friday. The stock has a 50-day simple moving average of $121.95 and a 200-day simple moving average of $118.23. The stock has a market capitalization of $11.65 billion, a PE ratio of 18.55 and a beta of 0.81. iShares Core High Dividend ETF has a 1 year low of $106.00 and a 1 year high of $124.03.

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.