FormulaFolio Investments LLC trimmed its position in iShares Trust (NYSEARCA:HDV) by 14.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,062 shares of the exchange traded fund’s stock after selling 2,246 shares during the period. FormulaFolio Investments LLC’s holdings in iShares Trust were worth $1,123,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. M&R Capital Management Inc. lifted its holdings in shares of iShares Trust by 214.3% during the 2nd quarter. M&R Capital Management Inc. now owns 2,200 shares of the exchange traded fund’s stock worth $184,000 after acquiring an additional 1,500 shares during the period. Westside Investment Management Inc. lifted its holdings in shares of iShares Trust by 915.6% during the 2nd quarter. Westside Investment Management Inc. now owns 2,600 shares of the exchange traded fund’s stock worth $254,000 after acquiring an additional 2,344 shares during the period. Formidable Asset Management LLC purchased a new position in shares of iShares Trust during the 2nd quarter worth about $224,000. Crescent Grove Advisors LLC purchased a new position in shares of iShares Trust during the 2nd quarter worth about $227,000. Finally, Brighton Jones LLC purchased a new position in shares of iShares Trust during the 2nd quarter worth about $234,000.

Shares of iShares Trust (NYSEARCA HDV) traded up 0.24% on Friday, hitting $87.01. 184,743 shares of the stock traded hands. iShares Trust has a one year low of $77.86 and a one year high of $87.10. The company’s 50 day moving average is $85.80 and its 200 day moving average is $84.34.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Wednesday, September 27th were paid a $0.7317 dividend. This represents a $2.93 dividend on an annualized basis and a dividend yield of 3.36%. This is an increase from iShares Trust’s previous quarterly dividend of $0.72. The ex-dividend date was Tuesday, September 26th.

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Institutional Ownership by Quarter for iShares Trust (NYSEARCA:HDV)

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