Brighton Jones LLC Sells 851 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Brighton Jones LLC trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY) by 6.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 11,430 shares of the company’s stock after selling 851 shares during the period. Brighton Jones LLC’s holdings in iShares Select Dividend ETF were worth $1,383,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of DVY. Addison Advisors LLC boosted its stake in shares of iShares Select Dividend ETF by 107.1% during the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after purchasing an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Select Dividend ETF during the second quarter worth about $30,000. ORG Partners LLC bought a new stake in shares of iShares Select Dividend ETF during the second quarter worth about $32,000. Family Firm Inc. bought a new stake in shares of iShares Select Dividend ETF during the second quarter worth about $36,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of iShares Select Dividend ETF during the second quarter worth about $40,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.1 %

NASDAQ:DVY opened at $135.26 on Friday. The stock has a market cap of $20.11 billion, a P/E ratio of 13.25 and a beta of 0.87. The stock’s 50-day moving average is $130.14 and its 200-day moving average is $124.28. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $136.11.

iShares Select Dividend ETF Profile

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.