Capital Advisors Ltd. LLC Lowers Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Capital Advisors Ltd. LLC lessened its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,611 shares of the company’s stock after selling 255 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in iShares Select Dividend ETF were worth $1,244,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new stake in iShares Select Dividend ETF in the 4th quarter valued at approximately $27,000. Parkside Financial Bank & Trust lifted its position in shares of iShares Select Dividend ETF by 91.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock valued at $46,000 after acquiring an additional 186 shares during the period. JNBA Financial Advisors lifted its position in shares of iShares Select Dividend ETF by 26.6% during the 3rd quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after acquiring an additional 94 shares during the period. Fortitude Family Office LLC acquired a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at approximately $57,000. Finally, Financial Connections Group Inc. acquired a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at approximately $58,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY stock traded up $0.70 during midday trading on Wednesday, reaching $120.92. 358,934 shares of the company traded hands, compared to its average volume of 578,476. The firm’s 50 day simple moving average is $118.80 and its two-hundred day simple moving average is $114.66. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $123.43. The firm has a market cap of $18.42 billion, a PE ratio of 12.98 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a dividend of $0.9976 per share. The ex-dividend date was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.30%.

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.