iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Kapstone Financial Advisors LLC

Kapstone Financial Advisors LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,181 shares of the company’s stock after selling 834 shares during the quarter. iShares Select Dividend ETF accounts for about 1.6% of Kapstone Financial Advisors LLC’s holdings, making the stock its 13th biggest holding. Kapstone Financial Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in DVY. Stephens Inc. AR lifted its stake in iShares Select Dividend ETF by 4.4% during the 3rd quarter. Stephens Inc. AR now owns 20,413 shares of the company’s stock worth $2,757,000 after acquiring an additional 868 shares in the last quarter. Nvwm LLC lifted its position in shares of iShares Select Dividend ETF by 18.0% during the third quarter. Nvwm LLC now owns 1,495 shares of the company’s stock worth $202,000 after purchasing an additional 228 shares in the last quarter. Forum Financial Management LP purchased a new position in shares of iShares Select Dividend ETF in the third quarter valued at approximately $247,000. QRG Capital Management Inc. boosted its stake in shares of iShares Select Dividend ETF by 2.4% in the third quarter. QRG Capital Management Inc. now owns 8,011 shares of the company’s stock valued at $1,082,000 after purchasing an additional 189 shares during the period. Finally, United Advisor Group LLC acquired a new position in shares of iShares Select Dividend ETF in the third quarter valued at approximately $305,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Down 0.5 %

iShares Select Dividend ETF stock opened at $137.45 on Tuesday. iShares Select Dividend ETF has a 52-week low of $115.43 and a 52-week high of $144.09. The firm has a market cap of $20.43 billion, a PE ratio of 16.35 and a beta of 0.87. The company’s 50 day moving average is $134.12 and its two-hundred day moving average is $134.99.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.