Compass Wealth Management LLC Has $51,000 Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Compass Wealth Management LLC reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 35.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 416 shares of the company’s stock after selling 229 shares during the quarter. Compass Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $51,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC acquired a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at about $27,000. Parkside Financial Bank & Trust boosted its position in iShares Select Dividend ETF by 91.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock worth $46,000 after purchasing an additional 186 shares during the last quarter. Richardson Financial Services Inc. bought a new position in iShares Select Dividend ETF in the 4th quarter valued at $49,000. Fortitude Family Office LLC purchased a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at $57,000. Finally, Financial Connections Group Inc. bought a new stake in iShares Select Dividend ETF in the fourth quarter worth about $58,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.5 %

iShares Select Dividend ETF stock opened at $120.02 on Thursday. The business’s 50 day simple moving average is $121.47 and its 200 day simple moving average is $118.76. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $125.99. The company has a market cap of $18.24 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 quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a dividend of $0.9304 per share. The ex-dividend date was Tuesday, June 11th. This represents a $3.72 annualized dividend and a dividend yield of 3.10%.

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.