iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by SpiderRock Advisors LLC

SpiderRock Advisors LLC decreased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 40.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,764 shares of the company’s stock after selling 2,549 shares during the quarter. SpiderRock Advisors LLC’s holdings in iShares Select Dividend ETF were worth $508,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Addison Advisors LLC increased 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 acquiring an additional 120 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new position in iShares Select Dividend ETF during the second quarter worth approximately $30,000. ORG Partners LLC acquired a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth $32,000. Family Firm Inc. acquired a new position in iShares Select Dividend ETF during the second quarter valued at approximately $36,000. Finally, ORG Wealth Partners LLC acquired a new stake in iShares Select Dividend ETF in the 3rd quarter valued at $36,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.7 %

NASDAQ DVY opened at $139.10 on Tuesday. iShares Select Dividend ETF has a fifty-two week low of $105.65 and a fifty-two week high of $139.90. The stock has a market cap of $20.73 billion, a PE ratio of 13.25 and a beta of 0.87. The business has a 50 day moving average price of $134.46 and a two-hundred day moving average price of $128.02.

iShares Select Dividend ETF Announces Dividend

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