Institute for Wealth Management LLC. Sells 1,513 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Institute for Wealth Management LLC. reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 8.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,179 shares of the company’s stock after selling 1,513 shares during the period. Institute for Wealth Management LLC.’s holdings in iShares Select Dividend ETF were worth $1,649,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Marshall Wace LLP acquired a new stake in iShares Select Dividend ETF during the 1st quarter worth $108,000. FMR LLC raised its stake in iShares Select Dividend ETF by 1.6% during the 1st quarter. FMR LLC now owns 76,230 shares of the company’s stock worth $7,485,000 after buying an additional 1,193 shares during the period. Fulton Bank N.A. raised its stake in iShares Select Dividend ETF by 13.1% during the 2nd quarter. Fulton Bank N.A. now owns 26,556 shares of the company’s stock worth $2,644,000 after buying an additional 3,074 shares during the period. Summit Financial Group Inc. acquired a new stake in iShares Select Dividend ETF during the 2nd quarter worth $3,385,000. Finally, First National Bank of Mount Dora Trust Investment Services acquired a new stake in iShares Select Dividend ETF during the 2nd quarter worth $206,000.

iShares Select Dividend ETF stock traded up $0.10 during mid-day trading on Monday, hitting $102.81. 228,200 shares of the company’s stock were exchanged, compared to its average volume of 589,446. iShares Select Dividend ETF has a fifty-two week low of $84.62 and a fifty-two week high of $103.78. The company’s 50 day simple moving average is $101.29 and its 200-day simple moving average is $99.39.

The company also recently declared a — dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were paid a $0.9558 dividend. This represents a dividend yield of 3.3%. The ex-dividend date was Tuesday, September 24th.

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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