Regal Investment Advisors LLC Sells 927 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Regal Investment Advisors LLC decreased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,854 shares of the company’s stock after selling 927 shares during the period. Regal Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,434,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in DVY. Addison Advisors LLC raised its position in iShares Select Dividend ETF by 107.1% during the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after purchasing an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Select Dividend ETF in the second quarter worth about $30,000. ORG Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the second quarter worth about $32,000. Family Firm Inc. purchased a new position in shares of iShares Select Dividend ETF in the second quarter worth about $36,000. Finally, Triad Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the second quarter worth about $40,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.2 %

DVY opened at $135.07 on Tuesday. The company has a market cap of $20.08 billion, a P/E ratio of 13.25 and a beta of 0.87. The business’s 50-day moving average price is $131.06 and its 200-day moving average price is $125.00. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $136.36.

iShares Select Dividend ETF Announces Dividend

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