iShares Select Dividend ETF (NASDAQ:DVY) Position Lessened by Marco Investment Management LLC

Marco Investment Management LLC lowered its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,537 shares of the company’s stock after selling 229 shares during the quarter. Marco Investment Management LLC’s holdings in iShares Select Dividend ETF were worth $748,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Addison Advisors LLC boosted its holdings 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 valued at $28,000 after acquiring an additional 120 shares during the period. 1620 Investment Advisors Inc. acquired a new position in iShares Select Dividend ETF during the 2nd quarter valued at about $30,000. ORG Partners LLC bought a new position in iShares Select Dividend ETF in the 2nd quarter worth about $32,000. Family Firm Inc. bought a new position in iShares Select Dividend ETF in the 2nd quarter worth about $36,000. Finally, ORG Wealth Partners LLC acquired a new stake in shares of iShares Select Dividend ETF in the third quarter valued at approximately $36,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.9 %

Shares of NASDAQ DVY opened at $142.08 on Friday. iShares Select Dividend ETF has a 12-month low of $109.90 and a 12-month high of $142.38. The company has a market cap of $21.17 billion, a PE ratio of 13.25 and a beta of 0.87. The stock has a 50 day simple moving average of $135.74 and a 200-day simple moving average of $129.26.

iShares Select Dividend ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were given a dividend of $1.5496 per share. 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.