iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Ironwood Wealth Management LLC.

Ironwood Wealth Management LLC. trimmed its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,711 shares of the company’s stock after selling 499 shares during the quarter. iShares Select Dividend ETF makes up 1.5% of Ironwood Wealth Management LLC.’s portfolio, making the stock its 26th biggest holding. Ironwood Wealth Management LLC.’s holdings in iShares Select Dividend ETF were worth $4,796,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in DVY. Transamerica Financial Advisors Inc. acquired a new position in iShares Select Dividend ETF in the fourth quarter valued at $27,000. Creative Capital Management Investments LLC acquired a new position in iShares Select Dividend ETF in the fourth quarter valued at $33,000. Millstone Evans Group LLC acquired a new stake in iShares Select Dividend ETF during the fourth quarter worth about $36,000. Roxbury Financial LLC acquired a new stake in iShares Select Dividend ETF during the fourth quarter worth about $38,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in iShares Select Dividend ETF during the fourth quarter worth about $40,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY opened at $132.54 on Wednesday. The firm has a market capitalization of $19.53 billion, a PE ratio of 15.12 and a beta of 0.78. The business has a 50-day moving average of $128.44 and a two-hundred day moving average of $132.57. iShares Select Dividend ETF has a 12 month low of $115.94 and a 12 month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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

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.