Global Trust Asset Management LLC Trims Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Global Trust Asset Management LLC lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 8.7% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,222 shares of the company’s stock after selling 1,933 shares during the quarter. iShares Select Dividend ETF makes up about 1.0% of Global Trust Asset Management LLC’s holdings, making the stock its 21st biggest position. Global Trust Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $2,731,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DVY. International Assets Investment Management LLC boosted its holdings in shares of iShares Select Dividend ETF by 17,525.9% during the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after purchasing an additional 4,348,183 shares during the last quarter. Jane Street Group LLC raised its position in shares of iShares Select Dividend ETF by 1,872.8% in the 1st quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock worth $76,060,000 after buying an additional 586,170 shares during the period. Miller Howard Investments Inc. NY raised its position in shares of iShares Select Dividend ETF by 400.3% in the 2nd quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock worth $38,126,000 after buying an additional 252,150 shares during the period. National Bank of Canada FI raised its position in shares of iShares Select Dividend ETF by 72.7% in the 2nd quarter. National Bank of Canada FI now owns 213,193 shares of the company’s stock worth $25,556,000 after buying an additional 89,727 shares during the period. Finally, Fifth Third Wealth Advisors LLC raised its position in shares of iShares Select Dividend ETF by 66.2% in the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 121,485 shares of the company’s stock worth $14,697,000 after buying an additional 48,377 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.3 %

Shares of DVY opened at $135.07 on Friday. The firm has a market capitalization of $20.13 billion, a P/E ratio of 13.25 and a beta of 0.87. The stock’s fifty day simple moving average is $133.53 and its 200 day simple moving average is $126.59. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $137.26.

iShares Select Dividend ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were given a $1.5496 dividend. The ex-dividend date was Wednesday, September 25th.

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.