North Star Investment Management Corp. Reduces Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

North Star Investment Management Corp. cut its position in iShares Select Dividend ETF (NASDAQ:DVY) by 7.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,837 shares of the company’s stock after selling 6,637 shares during the quarter. iShares Select Dividend ETF accounts for 0.7% of North Star Investment Management Corp.’s portfolio, making the stock its 23rd largest position. North Star Investment Management Corp. owned 0.05% of iShares Select Dividend ETF worth $10,513,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in DVY. NewEdge Advisors LLC raised its position in shares of iShares Select Dividend ETF by 5.6% in the 2nd quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock valued at $9,164,000 after purchasing an additional 4,031 shares in the last quarter. Mather Group LLC. raised its holdings in iShares Select Dividend ETF by 20.2% in the second quarter. Mather Group LLC. now owns 3,278 shares of the company’s stock valued at $404,000 after acquiring an additional 550 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in iShares Select Dividend ETF by 2.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after acquiring an additional 1,041 shares during the last quarter. Fifth Third Securities Inc. grew its holdings in iShares Select Dividend ETF by 1.1% during the 2nd quarter. Fifth Third Securities Inc. now owns 26,939 shares of the company’s stock worth $3,259,000 after acquiring an additional 294 shares in the last quarter. Finally, Global Retirement Partners LLC grew its holdings in iShares Select Dividend ETF by 12.0% during the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock worth $572,000 after acquiring an additional 455 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock traded up $0.97 during trading on Tuesday, reaching $134.35. The company had a trading volume of 54,506 shares, compared to its average volume of 454,328. iShares Select Dividend ETF has a fifty-two week low of $105.58 and a fifty-two week high of $137.26. The firm’s fifty day moving average is $134.11 and its 200-day moving average is $127.53. The company has a market cap of $20.02 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

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 paid a dividend of $1.5496 per share. The ex-dividend date of this dividend 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.