Armor Investment Advisors LLC Has $411,000 Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Armor Investment Advisors LLC reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 14.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,041 shares of the company’s stock after selling 508 shares during the period. Armor Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $411,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Addison Advisors LLC lifted its holdings in shares of iShares Select Dividend ETF by 107.1% in the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after purchasing an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. bought a new stake in iShares Select Dividend ETF during the 2nd quarter valued at $30,000. ORG Partners LLC acquired a new position in iShares Select Dividend ETF during the second quarter worth $32,000. Family Firm Inc. bought a new position in shares of iShares Select Dividend ETF in the second quarter valued at $36,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF during the third quarter valued at about $36,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $137.90 on Wednesday. The firm has a market capitalization of $20.55 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $105.58 and a 52 week high of $138.01. The stock has a 50 day moving average price of $134.16 and a two-hundred day moving average price of $127.65.

iShares Select Dividend ETF Announces Dividend

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

iShares Select Dividend ETF 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.