Steel Grove Capital Advisors LLC Decreases Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Steel Grove Capital Advisors LLC trimmed its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 37.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,794 shares of the company’s stock after selling 3,434 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of DVY. Addison Advisors LLC grew its position in 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 acquiring an additional 120 shares during the last quarter. 1620 Investment Advisors Inc. bought a new position in iShares Select Dividend ETF during the 2nd quarter worth approximately $30,000. ORG Partners LLC bought a new position in iShares Select Dividend ETF during the 2nd quarter worth approximately $32,000. Family Firm Inc. bought a new position in iShares Select Dividend ETF during the 2nd quarter worth approximately $36,000. Finally, Triad Wealth Partners LLC bought a new position in iShares Select Dividend ETF during the 2nd quarter worth approximately $40,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.1 %

NASDAQ DVY opened at $135.26 on Monday. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $136.11. The firm has a market capitalization of $20.11 billion, a PE ratio of 13.25 and a beta of 0.87. The stock’s 50 day moving average is $130.14 and its 200 day moving average is $124.36.

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.