iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Mill Creek Capital Advisors LLC

Mill Creek Capital Advisors LLC lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,119 shares of the company’s stock after selling 767 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,676,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Addison Advisors LLC increased its holdings in shares of 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 buying an additional 120 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new stake in iShares Select Dividend ETF in the second quarter valued at $30,000. ORG Partners LLC acquired a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at $32,000. Family Firm Inc. acquired a new stake in iShares Select Dividend ETF in the 2nd quarter valued at about $36,000. Finally, Triad Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $40,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

DVY stock opened at $135.74 on Tuesday. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $136.11. The company’s 50 day moving average price is $130.35 and its 200 day moving average price is $124.48. The firm has a market capitalization of $20.18 billion, a price-to-earnings 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.