Northwest Investment Counselors LLC Decreases Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Northwest Investment Counselors LLC decreased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,305 shares of the company’s stock after selling 104 shares during the period. Northwest Investment Counselors LLC’s holdings in iShares Select Dividend ETF were worth $311,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Addison Advisors LLC grew its position in shares of iShares Select Dividend ETF by 107.1% during the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after buying an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in iShares Select Dividend ETF during the 2nd quarter worth $30,000. ORG Partners LLC bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter worth about $32,000. Family Firm Inc. acquired a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $36,000. Finally, ORG Wealth Partners LLC bought a new position in shares of iShares Select Dividend ETF during the third quarter worth about $36,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY traded down $1.44 during mid-day trading on Monday, reaching $135.44. The stock had a trading volume of 251,910 shares, compared to its average volume of 463,983. The stock’s 50 day simple moving average is $133.03 and its two-hundred day simple moving average is $126.32. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $137.26. The company has a market capitalization of $20.24 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a $1.5496 dividend. 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.