Transform Wealth LLC Reduces Position in iShares Select Dividend ETF (NASDAQ:DVY)

Transform Wealth LLC trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY) by 3.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,640 shares of the company’s stock after selling 150 shares during the period. Transform Wealth LLC’s holdings in iShares Select Dividend ETF were worth $627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Addison Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after purchasing an additional 120 shares during the period. 1620 Investment Advisors Inc. purchased a new stake in iShares Select Dividend ETF in the second quarter valued at approximately $30,000. ORG Partners LLC acquired a new position in iShares Select Dividend ETF in the 2nd quarter worth approximately $32,000. ORG Wealth Partners LLC purchased a new position in iShares Select Dividend ETF during the 3rd quarter worth approximately $36,000. Finally, Family Firm Inc. acquired a new stake in iShares Select Dividend ETF during the 2nd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY opened at $137.13 on Thursday. The company’s fifty day moving average price is $132.62 and its 200-day moving average price is $126.09. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $137.26. The firm has a market capitalization of $20.49 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were given 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.