Oxbow Advisors LLC Sells 75 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Oxbow Advisors LLC reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.4% during the third quarter, HoldingsChannel.com reports. The firm owned 17,860 shares of the company’s stock after selling 75 shares during the quarter. Oxbow Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,412,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DVY. Addison Advisors LLC lifted its stake in shares of iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after buying an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter worth $30,000. ORG Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the second quarter worth $32,000. Family Firm Inc. bought a new position in shares of iShares Select Dividend ETF during the second quarter valued at $36,000. Finally, ORG Wealth Partners LLC bought a new position in shares of iShares Select Dividend ETF during the third quarter valued at $36,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.5 %

DVY traded up $0.65 during midday trading on Friday, hitting $138.16. 301,314 shares of the company traded hands, compared to its average volume of 455,743. The company’s 50-day moving average is $134.46 and its 200 day moving average is $127.92. The firm has a market capitalization of $20.59 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $105.58 and a 52 week high of $138.70.

iShares Select Dividend ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a $1.5496 dividend. 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.