Wealthcare Advisory Partners LLC Sells 4,949 Shares of iShares Select Dividend ETF $DVY

Wealthcare Advisory Partners LLC trimmed its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 16.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,192 shares of the company’s stock after selling 4,949 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares Select Dividend ETF were worth $3,937,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DVY. Greenwood Capital Associates LLC lifted its stake in iShares Select Dividend ETF by 187.8% during the fourth quarter. Greenwood Capital Associates LLC now owns 21,787 shares of the company’s stock worth $3,075,000 after purchasing an additional 14,217 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of iShares Select Dividend ETF by 7.5% in the 4th quarter. Sequoia Financial Advisors LLC now owns 57,419 shares of the company’s stock valued at $8,104,000 after purchasing an additional 4,008 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of iShares Select Dividend ETF by 18.4% in the 4th quarter. Allworth Financial LP now owns 33,387 shares of the company’s stock valued at $4,712,000 after purchasing an additional 5,199 shares in the last quarter. Prepared Retirement Institute LLC increased its stake in shares of iShares Select Dividend ETF by 128.0% in the 4th quarter. Prepared Retirement Institute LLC now owns 5,987 shares of the company’s stock valued at $845,000 after purchasing an additional 3,361 shares during the last quarter. Finally, Welch Group LLC increased its stake in shares of iShares Select Dividend ETF by 199.4% in the 4th quarter. Welch Group LLC now owns 13,958 shares of the company’s stock valued at $1,970,000 after purchasing an additional 9,296 shares during the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock opened at $162.58 on Wednesday. iShares Select Dividend ETF has a 52 week low of $136.10 and a 52 week high of $166.79. The stock has a market capitalization of $23.68 billion, a P/E ratio of 13.69 and a beta of 0.66. The stock has a fifty day moving average of $158.89 and a 200-day moving average of $154.96.

iShares Select Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $1.2472 dividend. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Monday, June 15th.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.