Vicus Capital Cuts Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Vicus Capital trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVYFree Report) by 33.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,747 shares of the company’s stock after selling 884 shares during the period. Vicus Capital’s holdings in iShares Select Dividend ETF were worth $205,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Tyler Stone Wealth Management purchased a new stake in shares of iShares Select Dividend ETF during the second quarter worth about $28,000. Almanack Investment Partners LLC. purchased a new stake in shares of iShares Select Dividend ETF during the third quarter worth about $35,000. Financial Freedom LLC purchased a new stake in shares of iShares Select Dividend ETF during the fourth quarter worth about $45,000. JNBA Financial Advisors boosted its holdings in shares of iShares Select Dividend ETF by 26.6% during the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after purchasing an additional 94 shares during the period. Finally, Fortitude Family Office LLC purchased a new stake in iShares Select Dividend ETF in the fourth quarter worth about $57,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $118.70 on Monday. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $123.43. The company has a 50-day simple moving average of $118.58 and a two-hundred day simple moving average of $114.45. The firm has a market capitalization of $18.08 billion, a PE ratio of 12.98 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a $0.9976 dividend. The ex-dividend date was Thursday, March 21st. This represents a $3.99 annualized dividend and a yield of 3.36%.

iShares Select Dividend ETF Profile

(Free Report)

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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