Greenwood Capital Associates LLC Sells 14,107 Shares of iShares Select Dividend ETF $DVY

Greenwood Capital Associates LLC decreased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 64.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,680 shares of the company’s stock after selling 14,107 shares during the quarter. Greenwood Capital Associates LLC’s holdings in iShares Select Dividend ETF were worth $1,163,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. KDK Private Wealth Management LLC boosted its position in shares of iShares Select Dividend ETF by 8.1% during the first quarter. KDK Private Wealth Management LLC now owns 2,400 shares of the company’s stock worth $352,000 after buying an additional 180 shares during the period. American Wealth Advisors LLC raised its position in iShares Select Dividend ETF by 34.2% in the 1st quarter. American Wealth Advisors LLC now owns 18,056 shares of the company’s stock valued at $2,734,000 after buying an additional 4,602 shares during the last quarter. Childress Capital Advisors LLC raised its position in iShares Select Dividend ETF by 34.4% in the 1st quarter. Childress Capital Advisors LLC now owns 2,884 shares of the company’s stock valued at $437,000 after buying an additional 738 shares during the last quarter. Addison Capital Co acquired a new stake in iShares Select Dividend ETF in the 1st quarter valued at approximately $1,721,000. Finally, Columbia Bank bought a new stake in iShares Select Dividend ETF in the 1st quarter valued at approximately $204,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.0%

NASDAQ:DVY opened at $158.11 on Friday. iShares Select Dividend ETF has a twelve month low of $132.83 and a twelve month high of $161.01. The business has a 50 day moving average price of $155.15 and a two-hundred day moving average price of $152.13. The company has a market cap of $23.19 billion, a P/E ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders 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 dividend yield of 3.2%. The ex-dividend date of this dividend was Monday, June 15th.

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