Asset Management Group Inc. Sells 306 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Asset Management Group Inc. lessened its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,738 shares of the company’s stock after selling 306 shares during the quarter. Asset Management Group Inc.’s holdings in iShares Select Dividend ETF were worth $1,904,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Johnson Financial Group Inc. lifted its stake in iShares Select Dividend ETF by 20.0% during the fourth quarter. Johnson Financial Group Inc. now owns 7,653 shares of the company’s stock worth $897,000 after purchasing an additional 1,278 shares during the period. Capital Asset Advisory Services LLC grew its position in iShares Select Dividend ETF by 1.5% in the first quarter. Capital Asset Advisory Services LLC now owns 7,390 shares of the company’s stock valued at $894,000 after acquiring an additional 107 shares during the period. Dodds Wealth LLC bought a new stake in iShares Select Dividend ETF in the fourth quarter valued at $909,000. Brookstone Capital Management raised its stake in iShares Select Dividend ETF by 3.9% during the first quarter. Brookstone Capital Management now owns 2,752 shares of the company’s stock worth $339,000 after acquiring an additional 103 shares in the last quarter. Finally, NBC Securities Inc. lifted its holdings in shares of iShares Select Dividend ETF by 2.2% during the first quarter. NBC Securities Inc. now owns 14,097 shares of the company’s stock valued at $1,736,000 after acquiring an additional 299 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

DVY opened at $135.26 on Friday. The firm has a market cap of $20.11 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm’s 50-day simple moving average is $130.14 and its 200-day simple moving average is $124.28. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $136.11.

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.