iShares Select Dividend ETF (NASDAQ:DVY) Stock Holdings Cut by RFG Advisory LLC

RFG Advisory LLC reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 11.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,687 shares of the company’s stock after selling 490 shares during the quarter. RFG Advisory LLC’s holdings in iShares Select Dividend ETF were worth $454,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Johnson Financial Group Inc. boosted its stake in iShares Select Dividend ETF by 20.0% during the 4th quarter. Johnson Financial Group Inc. now owns 7,653 shares of the company’s stock valued at $897,000 after purchasing an additional 1,278 shares in the last quarter. TIAA Trust National Association boosted its position in shares of iShares Select Dividend ETF by 4.7% in the 4th quarter. TIAA Trust National Association now owns 9,725 shares of the company’s stock valued at $1,140,000 after purchasing an additional 437 shares during the period. Park Place Capital Corp boosted its position in shares of iShares Select Dividend ETF by 1.6% in the 4th quarter. Park Place Capital Corp now owns 8,397 shares of the company’s stock valued at $984,000 after purchasing an additional 129 shares during the period. Ledge Wealth Management Inc. acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $202,000. Finally, Fonville Wealth Management LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $518,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Up 1.4 %

NASDAQ:DVY opened at $122.30 on Tuesday. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $125.99. The firm has a market capitalization of $18.58 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The stock has a fifty day simple moving average of $121.67 and a 200 day simple moving average of $118.96.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were given a $0.9304 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.04%.

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.