iShares Select Dividend ETF $DVY Shares Sold by Evanson Asset Management LLC

Evanson Asset Management LLC trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY) by 11.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 14,047 shares of the company’s stock after selling 1,793 shares during the quarter. Evanson Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $1,866,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Brighton Jones LLC increased its holdings in iShares Select Dividend ETF by 14.3% in the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after buying an additional 1,524 shares in the last quarter. Forum Financial Management LP grew its stake in shares of iShares Select Dividend ETF by 7.4% in the 4th quarter. Forum Financial Management LP now owns 1,966 shares of the company’s stock valued at $258,000 after buying an additional 135 shares during the period. American Trust purchased a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at approximately $257,000. BridgePort Financial Solutions LLC purchased a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at approximately $313,000. Finally, NorthCrest Asset Manangement LLC grew its position in iShares Select Dividend ETF by 0.7% in the fourth 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 during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.7%

NASDAQ DVY opened at $140.95 on Wednesday. The stock has a fifty day simple moving average of $138.82 and a 200-day simple moving average of $133.50. iShares Select Dividend ETF has a twelve month low of $115.94 and a twelve month high of $144.09. The stock has a market cap of $20.66 billion, a PE ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a $1.2465 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 dividend on an annualized basis and a dividend yield of 3.5%.

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.