iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Dupree Financial Group LLC

Dupree Financial Group LLC lessened its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.4% during the third quarter, Holdings Channel.com reports. The firm owned 6,818 shares of the company’s stock after selling 169 shares during the quarter. Dupree Financial Group LLC’s holdings in iShares Select Dividend ETF were worth $921,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of DVY. Addison Advisors LLC boosted its stake in shares of iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after buying an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth $30,000. ORG Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $32,000. Family Firm Inc. acquired a new stake in shares of iShares Select Dividend ETF in the second quarter valued at about $36,000. Finally, ORG Wealth Partners LLC purchased a new stake in iShares Select Dividend ETF during the third quarter worth about $36,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Down 0.1 %

Shares of DVY opened at $135.21 on Wednesday. The firm’s 50-day moving average is $133.38 and its two-hundred day moving average is $126.53. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $137.26. The firm has a market capitalization of $20.21 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

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