Capital Investment Advisors LLC Sells 5,544 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Capital Investment Advisors LLC lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 127,614 shares of the company’s stock after selling 5,544 shares during the quarter. Capital Investment Advisors LLC owned about 0.09% of iShares Select Dividend ETF worth $17,237,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Addison Advisors LLC grew its stake in iShares Select Dividend ETF by 107.1% in the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after buying an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. bought a new position in shares of iShares Select Dividend ETF in the second quarter worth $30,000. ORG Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the second quarter valued at $32,000. Family Firm Inc. bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at $36,000. Finally, ORG Wealth Partners LLC purchased a new stake in iShares Select Dividend ETF during the 3rd quarter worth about $36,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.2 %

DVY stock opened at $136.88 on Friday. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $137.26. The firm has a market capitalization of $20.46 billion, a PE ratio of 13.25 and a beta of 0.87. The stock has a 50-day simple moving average of $133.03 and a two-hundred day simple moving average of $126.26.

iShares Select Dividend ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a dividend of $1.5496 per share. The ex-dividend date was Wednesday, September 25th.

iShares Select Dividend ETF Company Profile

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.