High Net Worth Advisory Group LLC Sells 511 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

High Net Worth Advisory Group LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 22,666 shares of the company’s stock after selling 511 shares during the period. High Net Worth Advisory Group LLC’s holdings in iShares Select Dividend ETF were worth $3,044,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Richardson Financial Services Inc. boosted its stake in shares of iShares Select Dividend ETF by 17.9% during the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock worth $65,000 after acquiring an additional 75 shares in the last quarter. Cornerstone Advisory LLC boosted its stake in shares of iShares Select Dividend ETF by 3.1% during the 4th quarter. Cornerstone Advisory LLC now owns 2,516 shares of the company’s stock worth $341,000 after acquiring an additional 76 shares in the last quarter. Unionview LLC boosted its stake in shares of iShares Select Dividend ETF by 0.7% during the 4th quarter. Unionview LLC now owns 11,234 shares of the company’s stock worth $1,475,000 after acquiring an additional 83 shares in the last quarter. NorthCrest Asset Manangement LLC boosted its stake in shares of iShares Select Dividend ETF by 0.7% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 11,978 shares of the company’s stock worth $1,573,000 after acquiring an additional 83 shares in the last quarter. Finally, Apollon Financial LLC boosted its stake in shares of iShares Select Dividend ETF by 1.2% during the 4th quarter. Apollon Financial LLC now owns 7,713 shares of the company’s stock worth $1,013,000 after acquiring an additional 90 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY opened at $131.14 on Monday. The stock has a 50-day moving average of $128.71 and a 200-day moving average of $132.93. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $144.09. The company has a market cap of $19.40 billion, a PE ratio of 15.12 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a dividend of $1.0495 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.