Crescent Grove Advisors LLC Sells 828 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Crescent Grove Advisors LLC reduced its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 5.2% in the third quarter, Holdings Channel reports. The institutional investor owned 15,037 shares of the company’s stock after selling 828 shares during the period. Crescent Grove Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,031,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in DVY. Addison Advisors LLC increased its stake in shares of iShares Select Dividend ETF by 107.1% in the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after purchasing an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. bought a new stake in iShares Select Dividend ETF during the second quarter valued at about $30,000. ORG Partners LLC purchased a new stake in iShares Select Dividend ETF in the second quarter worth about $32,000. Family Firm Inc. bought a new position in shares of iShares Select Dividend ETF in the second quarter worth about $36,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the 3rd quarter valued at about $36,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Up 1.2 %

iShares Select Dividend ETF stock opened at $134.92 on Wednesday. iShares Select Dividend ETF has a 12-month low of $105.58 and a 12-month high of $137.26. The firm has a market capitalization of $20.10 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm has a 50 day moving average of $134.16 and a 200 day moving average of $127.65.

iShares Select Dividend ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a $1.5496 dividend. The ex-dividend date was Wednesday, September 25th.

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.