Valeo Financial Advisors LLC Sells 404 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Valeo Financial Advisors LLC reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,485 shares of the company’s stock after selling 404 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,632,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DVY. LPL Financial LLC increased its position in iShares Select Dividend ETF by 2.5% during the 2nd quarter. LPL Financial LLC now owns 1,401,205 shares of the company’s stock valued at $169,518,000 after purchasing an additional 34,221 shares during the period. Commonwealth Equity Services LLC grew its position in shares of iShares Select Dividend ETF by 2.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 649,767 shares of the company’s stock worth $78,609,000 after buying an additional 13,366 shares during the period. Jane Street Group LLC grew its position in shares of iShares Select Dividend ETF by 1,872.8% in the 1st quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock worth $76,060,000 after buying an additional 586,170 shares during the period. Miller Howard Investments Inc. NY grew its position in shares of iShares Select Dividend ETF by 400.3% in the 2nd quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock worth $38,126,000 after buying an additional 252,150 shares during the period. Finally, AMG National Trust Bank grew its position in shares of iShares Select Dividend ETF by 5.3% in the 2nd quarter. AMG National Trust Bank now owns 294,707 shares of the company’s stock worth $35,654,000 after buying an additional 14,816 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY opened at $134.28 on Friday. The firm’s 50-day moving average price is $131.93 and its 200-day moving average price is $125.81. The company has a market capitalization of $20.07 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $136.36.

iShares Select Dividend ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a $1.5496 dividend. 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.