The iShares Core High Dividend ETF (HDV) experienced a significant outflow of approximately $1.3 billion this week, marking an 8.5% decrease in shares outstanding from 109.1 million to 99.8 million. This outflow indicates a substantial shift in investor sentiment regarding the fund, which focuses on high dividend-paying stocks.
As of the last trade, HDV was priced at $136.00, situated between its 52-week low of $106.005 and a high of $140.89. Key holdings contributing to its performance include Philip Morris International (PM), up 0.1%, Progressive Corp. (PGR), down 1.3%, and Blackstone Inc. (BX), up 1.2%.
