Virtue Capital Management LLC Sells 1,050 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Virtue Capital Management LLC trimmed its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 12.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,682 shares of the company’s stock after selling 1,050 shares during the quarter. Virtue Capital Management LLC’s holdings in iShares Select Dividend ETF were worth $1,038,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NewEdge Advisors LLC raised its stake in shares of iShares Select Dividend ETF by 5.6% during the 2nd quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock valued at $9,164,000 after purchasing an additional 4,031 shares during the period. Sequoia Financial Advisors LLC grew its position in iShares Select Dividend ETF by 2.2% during the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock worth $6,461,000 after buying an additional 1,041 shares in the last quarter. Global Retirement Partners LLC grew its position in iShares Select Dividend ETF by 12.0% during the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock worth $572,000 after buying an additional 455 shares in the last quarter. O ROURKE & COMPANY Inc grew its position in iShares Select Dividend ETF by 7.3% during the second quarter. O ROURKE & COMPANY Inc now owns 8,438 shares of the company’s stock worth $1,021,000 after buying an additional 577 shares in the last quarter. Finally, Triad Wealth Partners LLC purchased a new position in iShares Select Dividend ETF during the second quarter worth about $40,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.4 %

iShares Select Dividend ETF stock opened at $138.18 on Wednesday. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The business has a 50-day simple moving average of $137.24 and a 200 day simple moving average of $130.62. The stock has a market cap of $20.59 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $1.5496 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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.