iShares Select Dividend ETF (NASDAQ:DVY) Stake Reduced by Centaurus Financial Inc.

Centaurus Financial Inc. trimmed its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 15.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 5,015 shares of the company’s stock after selling 932 shares during the quarter. Centaurus Financial Inc.’s holdings in iShares Select Dividend ETF were worth $607,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in iShares Select Dividend ETF in the 2nd quarter valued at about $5,769,000. SPC Financial Inc. increased its stake in shares of iShares Select Dividend ETF by 0.5% in the second quarter. SPC Financial Inc. now owns 44,596 shares of the company’s stock valued at $5,395,000 after purchasing an additional 202 shares during the period. Pathway Financial Advisers LLC raised its holdings in shares of iShares Select Dividend ETF by 1.4% during the second quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock valued at $740,000 after buying an additional 84 shares during the last quarter. CMG Global Holdings LLC raised its holdings in shares of iShares Select Dividend ETF by 1.2% during the second quarter. CMG Global Holdings LLC now owns 17,204 shares of the company’s stock valued at $2,081,000 after buying an additional 200 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its position in shares of iShares Select Dividend ETF by 6.3% during the second quarter. Sunbelt Securities Inc. now owns 16,656 shares of the company’s stock worth $2,015,000 after buying an additional 984 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY opened at $134.21 on Friday. The stock’s 50 day moving average price is $131.54 and its 200 day moving average price is $125.33. The stock has a market cap of $20.05 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $136.36.

iShares Select Dividend ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. The ex-dividend date of this dividend 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.