iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Flagstar Advisors Inc.

Flagstar Advisors Inc. lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 1.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,714 shares of the company’s stock after selling 368 shares during the period. Flagstar Advisors Inc.’s holdings in iShares Select Dividend ETF were worth $3,068,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in iShares Select Dividend ETF by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 31,581 shares of the company’s stock valued at $3,890,000 after acquiring an additional 134 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in shares of iShares Select Dividend ETF by 1.5% during the 1st quarter. Axxcess Wealth Management LLC now owns 7,390 shares of the company’s stock worth $910,000 after purchasing an additional 107 shares in the last quarter. LRI Investments LLC purchased a new position in shares of iShares Select Dividend ETF during the 1st quarter worth approximately $156,000. Kestra Advisory Services LLC raised its position in shares of iShares Select Dividend ETF by 17.2% during the 1st quarter. Kestra Advisory Services LLC now owns 127,813 shares of the company’s stock worth $15,744,000 after purchasing an additional 18,782 shares during the last quarter. Finally, Waverly Advisors LLC lifted its stake in iShares Select Dividend ETF by 526.8% in the 1st quarter. Waverly Advisors LLC now owns 10,956 shares of the company’s stock valued at $1,350,000 after buying an additional 9,208 shares in the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 0.9 %

Shares of DVY stock opened at $142.08 on Friday. The company has a market capitalization of $21.17 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm has a 50-day moving average price of $135.74 and a 200 day moving average price of $129.21. iShares Select Dividend ETF has a twelve month low of $109.90 and a twelve month high of $142.38.

iShares Select Dividend ETF Announces Dividend

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