iShares Select Dividend ETF $DVY Shares Sold by Lido Advisors LLC

Lido Advisors LLC trimmed its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 5.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,282 shares of the company’s stock after selling 5,257 shares during the quarter. Lido Advisors LLC owned about 0.07% of iShares Select Dividend ETF worth $15,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in DVY. BIP Wealth LLC boosted its holdings in shares of iShares Select Dividend ETF by 105.7% during the 2nd quarter. BIP Wealth LLC now owns 8,735 shares of the company’s stock worth $1,365,000 after buying an additional 4,488 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares Select Dividend ETF by 6.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,576,255 shares of the company’s stock worth $246,334,000 after buying an additional 88,825 shares during the period. Robertson Stephens Wealth Management LLC grew its position in shares of iShares Select Dividend ETF by 93.8% during the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 19,854 shares of the company’s stock worth $3,019,000 after buying an additional 9,607 shares during the period. bLong Financial LLC bought a new stake in shares of iShares Select Dividend ETF in the 3rd quarter valued at $1,183,000. Finally, Independent Financial Group LLC bought a new stake in shares of iShares Select Dividend ETF in the 1st quarter valued at $1,406,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.4%

NASDAQ:DVY opened at $163.21 on Thursday. iShares Select Dividend ETF has a twelve month low of $137.23 and a twelve month high of $167.06. The company has a fifty day moving average of $158.89 and a 200-day moving average of $156.69. The firm has a market capitalization of $23.79 billion, a P/E ratio of 14.18 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a $1.3291 dividend. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472. This represents a $5.32 dividend on an annualized basis and a yield of 3.3%.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S. Index, a broad-based index representative of the total market for the United States equity securities.