iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Old North State Trust LLC

Old North State Trust LLC decreased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 9,497 shares of the company’s stock after selling 442 shares during the period. iShares Select Dividend ETF accounts for approximately 1.0% of Old North State Trust LLC’s portfolio, making the stock its 22nd biggest position. Old North State Trust LLC’s holdings in iShares Select Dividend ETF were worth $1,149,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Addison Advisors LLC increased its holdings in iShares Select Dividend ETF by 107.1% in the second 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 last quarter. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at $30,000. ORG Partners LLC purchased 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 during the 2nd quarter worth $36,000. Finally, Triad Wealth Partners LLC purchased a new stake in iShares Select Dividend ETF in the second quarter valued at $40,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY opened at $134.74 on Monday. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $136.36. The stock has a market capitalization of $20.03 billion, a P/E ratio of 13.25 and a beta of 0.87. The business’s 50-day simple moving average is $130.91 and its 200-day simple moving average is $124.89.

iShares Select Dividend ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th will be paid a $1.5496 dividend. The ex-dividend date of this dividend is 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.