Crossmark Global Holdings Inc. Reduces Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Crossmark Global Holdings Inc. reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 13.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,261 shares of the company’s stock after selling 2,136 shares during the period. Crossmark Global Holdings Inc.’s holdings in iShares Select Dividend ETF were worth $1,725,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. GAMMA Investing LLC acquired a new stake in iShares Select Dividend ETF in the fourth quarter valued at $27,000. 1620 Investment Advisors Inc. purchased a new stake in iShares Select Dividend ETF during the 2nd quarter valued at approximately $30,000. ORG Partners LLC purchased a new stake in iShares Select Dividend ETF during the 2nd quarter valued at approximately $32,000. Family Firm Inc. purchased a new stake in iShares Select Dividend ETF during the 2nd quarter valued at approximately $36,000. Finally, Triad Wealth Partners LLC acquired a new position in iShares Select Dividend ETF during the 2nd quarter worth approximately $40,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.8 %

Shares of DVY traded up $1.12 on Friday, reaching $134.07. The stock had a trading volume of 290,182 shares, compared to its average volume of 487,168. The firm has a market capitalization of $19.93 billion, a PE ratio of 13.25 and a beta of 0.87. The firm has a 50-day moving average of $126.20 and a 200 day moving average of $122.31. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $134.13.

iShares Select Dividend ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a dividend of $0.9304 per share. This represents a $3.72 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date was Tuesday, June 11th.

iShares Select Dividend ETF Company 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.