Cwm LLC Has $4.26 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Cwm LLC lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,523 shares of the company’s stock after selling 151 shares during the period. Cwm LLC’s holdings in iShares Select Dividend ETF were worth $4,258,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of DVY. Chicago Partners Investment Group LLC lifted its stake in shares of iShares Select Dividend ETF by 7.0% during the fourth quarter. Chicago Partners Investment Group LLC now owns 13,630 shares of the company’s stock valued at $1,565,000 after acquiring an additional 897 shares during the period. Creekmur Asset Management LLC acquired a new position in iShares Select Dividend ETF in the fourth quarter valued at approximately $69,000. Richardson Financial Services Inc. bought a new position in iShares Select Dividend ETF in the fourth quarter valued at approximately $49,000. Fisher Asset Management LLC acquired a new stake in iShares Select Dividend ETF during the 4th quarter worth $483,000. Finally, Objective Capital Management LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $206,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.1 %

NASDAQ:DVY opened at $134.28 on Friday. The stock’s fifty day simple moving average is $131.93 and its 200-day simple moving average is $125.81. The firm has a market capitalization of $20.07 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $102.66 and a 12-month high of $136.36.

iShares Select Dividend ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a $1.5496 dividend. The ex-dividend date was Wednesday, September 25th.

iShares Select Dividend ETF 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.