Steel Grove Capital Advisors LLC Sells 3,434 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Steel Grove Capital Advisors LLC decreased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 37.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,794 shares of the company’s stock after selling 3,434 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $701,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in DVY. Addison Advisors LLC lifted its holdings in iShares Select Dividend ETF by 107.1% during the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after purchasing an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $30,000. ORG Partners LLC purchased a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $32,000. Family Firm Inc. purchased a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $36,000. Finally, Triad Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $40,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.1 %

NASDAQ:DVY opened at $135.26 on Monday. The business’s 50-day moving average price is $130.14 and its two-hundred day moving average price is $124.36. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $136.11. The stock has a market cap of $20.11 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Company 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.