Auto Owners Insurance Co Sells 264,460 Shares of iShares Core High Dividend ETF $HDV

Auto Owners Insurance Co decreased its holdings in iShares Core High Dividend ETF (NYSEARCA:HDV) by 91.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,800 shares of the exchange traded fund’s stock after selling 264,460 shares during the period. Auto Owners Insurance Co’s holdings in iShares Core High Dividend ETF were worth $2,789,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. MB Levis & Associates LLC bought a new position in shares of iShares Core High Dividend ETF in the second quarter worth about $26,000. Cullen Frost Bankers Inc. boosted its stake in shares of iShares Core High Dividend ETF by 344.1% in the first quarter. Cullen Frost Bankers Inc. now owns 262 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 203 shares during the period. Banque Cantonale Vaudoise bought a new position in shares of iShares Core High Dividend ETF in the first quarter worth about $39,000. Headlands Technologies LLC bought a new position in shares of iShares Core High Dividend ETF in the first quarter worth about $46,000. Finally, Chung Wu Investment Group LLC bought a new position in shares of iShares Core High Dividend ETF in the second quarter worth about $47,000.

iShares Core High Dividend ETF Stock Down 0.8%

NYSEARCA HDV opened at $120.95 on Wednesday. The firm has a market cap of $11.42 billion, a price-to-earnings ratio of 18.55 and a beta of 0.64. The business has a 50-day moving average price of $122.09 and a 200-day moving average price of $118.79. iShares Core High Dividend ETF has a twelve month low of $106.00 and a twelve month high of $124.03.

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.