Wambolt & Associates LLC Sells 242 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Wambolt & Associates LLC lessened its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 1.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,499 shares of the company’s stock after selling 242 shares during the quarter. iShares Select Dividend ETF accounts for approximately 1.8% of Wambolt & Associates LLC’s investment portfolio, making the stock its 8th biggest position. Wambolt & Associates LLC’s holdings in iShares Select Dividend ETF were worth $2,192,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of DVY. Marshall Wace LLP acquired a new stake in shares of iShares Select Dividend ETF in the 1st quarter valued at $108,000. Rehmann Capital Advisory Group bought a new position in shares of iShares Select Dividend ETF in the 1st quarter valued at $1,159,000. Advisory Services Network LLC lifted its stake in shares of iShares Select Dividend ETF by 9.2% in the 1st quarter. Advisory Services Network LLC now owns 64,905 shares of the company’s stock valued at $6,372,000 after acquiring an additional 5,495 shares during the last quarter. EP Wealth Advisors LLC lifted its stake in shares of iShares Select Dividend ETF by 36.4% in the 1st quarter. EP Wealth Advisors LLC now owns 9,272 shares of the company’s stock valued at $910,000 after acquiring an additional 2,473 shares during the last quarter. Finally, B. Riley Wealth Management Inc. lifted its stake in shares of iShares Select Dividend ETF by 39.3% in the 1st quarter. B. Riley Wealth Management Inc. now owns 37,345 shares of the company’s stock valued at $3,667,000 after acquiring an additional 10,527 shares during the last quarter.

Shares of DVY traded up $0.75 during trading hours on Tuesday, reaching $101.17. The stock had a trading volume of 4,059 shares, compared to its average volume of 600,080. iShares Select Dividend ETF has a 12 month low of $84.62 and a 12 month high of $103.78. The company’s 50-day moving average is $100.30 and its two-hundred day moving average is $99.23.

The company also recently declared a — dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a $0.9558 dividend. This represents a dividend yield of 3.3%. The ex-dividend date was Tuesday, September 24th.

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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