IMS Capital Management Has $2.49 Million Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

IMS Capital Management decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,152 shares of the company’s stock after selling 1,252 shares during the quarter. iShares Select Dividend ETF accounts for approximately 1.1% of IMS Capital Management’s holdings, making the stock its 23rd biggest position. IMS Capital Management’s holdings in iShares Select Dividend ETF were worth $2,488,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of DVY. Addison Advisors LLC boosted its stake 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 valued at $28,000 after buying an additional 120 shares during the period. 1620 Investment Advisors Inc. purchased a new position in iShares Select Dividend ETF in the second quarter valued at about $30,000. ORG Partners LLC acquired a new position in iShares Select Dividend ETF in the 2nd quarter worth about $32,000. Family Firm Inc. purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth about $36,000. Finally, Triad Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth about $40,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $135.07 on Tuesday. The business has a 50 day simple moving average of $131.06 and a 200 day simple moving average of $125.00. 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 cap of $20.08 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

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

About iShares Select Dividend ETF

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.