iShares Select Dividend ETF $DVY Stock Sold by Olistico Wealth LLC

Olistico Wealth LLC cut its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 99.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,853 shares of the company’s stock after selling 186,360 shares during the period. Olistico Wealth LLC’s holdings in iShares Select Dividend ETF were worth $282,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its position in iShares Select Dividend ETF by 3.8% in the 4th quarter. LPL Financial LLC now owns 1,789,466 shares of the company’s stock valued at $252,565,000 after buying an additional 65,691 shares during the period. Envestnet Asset Management Inc. increased its position in shares of iShares Select Dividend ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,576,255 shares of the company’s stock worth $246,334,000 after acquiring an additional 88,825 shares during the period. Goldman Sachs Group Inc. increased its position in shares of iShares Select Dividend ETF by 0.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 693,902 shares of the company’s stock worth $97,937,000 after acquiring an additional 3,552 shares during the period. Fifth Third Bancorp raised its stake in shares of iShares Select Dividend ETF by 2.1% during the second quarter. Fifth Third Bancorp now owns 658,941 shares of the company’s stock valued at $102,992,000 after acquiring an additional 13,257 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of iShares Select Dividend ETF by 5.9% during the first quarter. Cetera Investment Advisers now owns 539,922 shares of the company’s stock valued at $81,750,000 after acquiring an additional 29,898 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.0%

Shares of NASDAQ DVY traded up $0.05 during trading hours on Monday, reaching $153.10. The stock had a trading volume of 242,174 shares, compared to its average volume of 440,806. iShares Select Dividend ETF has a 52-week low of $137.16 and a 52-week high of $167.06. The firm has a market cap of $22.32 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The business’s fifty day moving average price is $161.24 and its two-hundred day moving average price is $156.90.

iShares Select Dividend ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a dividend of $1.3291 per share. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $5.32 dividend on an annualized basis and a 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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.