Compass Ion Advisors LLC Sells 299 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Compass Ion Advisors LLC decreased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 5.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,156 shares of the company’s stock after selling 299 shares during the period. Compass Ion Advisors LLC’s holdings in iShares Select Dividend ETF were worth $635,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DVY. Halbert Hargrove Global Advisors LLC lifted its holdings in shares of iShares Select Dividend ETF by 2.1% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock valued at $513,000 after purchasing an additional 88 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in iShares Select Dividend ETF by 0.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock valued at $1,730,000 after acquiring an additional 96 shares during the period. Access Financial Services Inc. boosted its holdings in shares of iShares Select Dividend ETF by 0.5% during the 4th quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock valued at $2,272,000 after acquiring an additional 96 shares during the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in shares of iShares Select Dividend ETF by 3.9% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock worth $298,000 after acquiring an additional 96 shares during the period. Finally, HCR Wealth Advisors raised its holdings in shares of iShares Select Dividend ETF by 3.1% during the fourth quarter. HCR Wealth Advisors now owns 3,286 shares of the company’s stock valued at $385,000 after purchasing an additional 98 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.5 %

Shares of DVY stock opened at $120.98 on Monday. iShares Select Dividend ETF has a 12-month low of $102.66 and a 12-month high of $125.99. The stock has a market capitalization of $18.38 billion, a P/E ratio of 13.25 and a beta of 0.87. The firm’s 50 day moving average is $121.98 and its 200 day moving average is $119.11.

iShares Select Dividend ETF Announces Dividend

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 $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 3.08%.

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.