Summit Wealth Partners LLC Reduces Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Summit Wealth Partners LLC cut its position in iShares Select Dividend ETF (NASDAQ:DVY) by 1.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,521 shares of the company’s stock after selling 225 shares during the quarter. Summit Wealth Partners LLC’s holdings in iShares Select Dividend ETF were worth $1,636,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Hsbc Holdings PLC raised its position in shares of iShares Select Dividend ETF by 3.6% in the 4th quarter. Hsbc Holdings PLC now owns 15,392 shares of the company’s stock valued at $1,804,000 after purchasing an additional 533 shares in the last quarter. Belpointe Asset Management LLC grew its holdings in iShares Select Dividend ETF by 10.0% during the 4th quarter. Belpointe Asset Management LLC now owns 10,682 shares of the company’s stock worth $1,252,000 after acquiring an additional 969 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of iShares Select Dividend ETF by 0.5% in the 4th quarter. Oppenheimer & Co. Inc. now owns 37,788 shares of the company’s stock valued at $4,430,000 after purchasing an additional 197 shares in the last quarter. Annex Advisory Services LLC bought a new position in shares of iShares Select Dividend ETF during the fourth quarter worth about $201,000. Finally, Exencial Wealth Advisors LLC grew its stake in iShares Select Dividend ETF by 11.8% in the fourth quarter. Exencial Wealth Advisors LLC now owns 5,102 shares of the company’s stock worth $598,000 after purchasing an additional 540 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Down 0.3 %

Shares of NASDAQ DVY opened at $134.61 on Wednesday. The stock’s 50 day moving average price is $131.21 and its two-hundred day moving average price is $125.11. iShares Select Dividend ETF has a 52-week low of $102.66 and a 52-week high of $136.36. The stock has a market capitalization of $20.01 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a $1.5496 dividend. The ex-dividend date was Wednesday, September 25th.

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.