Etfidea LLC Lowers Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Etfidea LLC cut its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 14.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,059 shares of the company’s stock after selling 517 shares during the quarter. Etfidea LLC’s holdings in iShares Select Dividend ETF were worth $370,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of iShares Select Dividend ETF by 2.5% during the second quarter. LPL Financial LLC now owns 1,401,205 shares of the company’s stock valued at $169,518,000 after purchasing an additional 34,221 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in iShares Select Dividend ETF by 2.1% in the second quarter. Commonwealth Equity Services LLC now owns 649,767 shares of the company’s stock worth $78,609,000 after acquiring an additional 13,366 shares in the last quarter. Jane Street Group LLC grew its stake in shares of iShares Select Dividend ETF by 1,872.8% in the first quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock worth $76,060,000 after acquiring an additional 586,170 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of iShares Select Dividend ETF by 20.0% during the fourth quarter. Stifel Financial Corp now owns 321,861 shares of the company’s stock valued at $37,729,000 after acquiring an additional 53,718 shares in the last quarter. Finally, Miller Howard Investments Inc. NY raised its position in shares of iShares Select Dividend ETF by 400.3% in the 2nd quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock worth $38,126,000 after purchasing an additional 252,150 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $135.46 on Friday. The company has a market capitalization of $20.14 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $136.11. The company’s 50-day moving average is $129.93 and its 200 day moving average is $124.16.

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.