Altus Wealth Group LLC Cuts Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Altus Wealth Group LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 21.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,236 shares of the company’s stock after selling 595 shares during the quarter. Altus Wealth Group LLC’s holdings in iShares Select Dividend ETF were worth $302,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Kingswood Wealth Advisors LLC grew its holdings in iShares Select Dividend ETF by 1.3% in the first quarter. Kingswood Wealth Advisors LLC now owns 11,295 shares of the company’s stock valued at $1,391,000 after purchasing an additional 148 shares during the last quarter. RMR Wealth Builders acquired a new stake in iShares Select Dividend ETF in the first quarter valued at $317,000. Brookstone Capital Management boosted its stake in shares of iShares Select Dividend ETF by 3.9% during the 1st quarter. Brookstone Capital Management now owns 2,752 shares of the company’s stock worth $339,000 after purchasing an additional 103 shares during the last quarter. GoalVest Advisory LLC boosted its stake in shares of iShares Select Dividend ETF by 12.5% during the 1st quarter. GoalVest Advisory LLC now owns 30,388 shares of the company’s stock worth $3,743,000 after purchasing an additional 3,373 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its stake in shares of iShares Select Dividend ETF by 18.5% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 21,761 shares of the company’s stock worth $2,680,000 after purchasing an additional 3,403 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.1 %

Shares of iShares Select Dividend ETF stock traded down $0.18 during mid-day trading on Wednesday, hitting $135.03. 41,598 shares of the stock were exchanged, compared to its average volume of 461,804. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $137.26. The stock has a market capitalization of $20.18 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The company has a 50-day simple moving average of $133.38 and a 200 day simple moving average of $126.53.

iShares Select Dividend ETF Announces Dividend

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

About iShares Select Dividend ETF

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.