Investment Partners LTD. Has $424,000 Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Investment Partners LTD. decreased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 18.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,441 shares of the company’s stock after selling 772 shares during the period. Investment Partners LTD.’s holdings in iShares Select Dividend ETF were worth $424,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Trexquant Investment LP lifted its position in shares of iShares Select Dividend ETF by 156.8% in the third quarter. Trexquant Investment LP now owns 7,838 shares of the company’s stock valued at $844,000 after buying an additional 4,786 shares during the last quarter. Samalin Investment Counsel LLC boosted its position in iShares Select Dividend ETF by 4.5% during the third quarter. Samalin Investment Counsel LLC now owns 3,519 shares of the company’s stock worth $379,000 after purchasing an additional 150 shares during the period. Insigneo Advisory Services LLC acquired a new position in shares of iShares Select Dividend ETF in the third quarter valued at $546,000. Glenmede Trust Co. NA raised its position in shares of iShares Select Dividend ETF by 7.5% in the third quarter. Glenmede Trust Co. NA now owns 196,532 shares of the company’s stock valued at $21,155,000 after purchasing an additional 13,765 shares during the period. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of iShares Select Dividend ETF during the 3rd quarter worth about $815,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock traded up $0.72 during trading hours on Friday, hitting $121.05. The company had a trading volume of 90,017 shares, compared to its average volume of 515,946. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $125.99. The firm has a market cap of $18.39 billion, a PE ratio of 13.25 and a beta of 0.87. The firm has a 50-day moving average of $121.86 and a 200 day moving average of $119.02.

iShares Select Dividend ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were issued a dividend of $0.9304 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $3.72 annualized dividend and a yield of 3.07%.

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.