iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. cut its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,568 shares of the company’s stock after selling 1,497 shares during the period. SRS Capital Advisors Inc.’s holdings in iShares Select Dividend ETF were worth $3,751,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of DVY. Stephens Inc. AR boosted its stake in iShares Select Dividend ETF by 4.4% in the 3rd quarter. Stephens Inc. AR now owns 20,413 shares of the company’s stock worth $2,757,000 after purchasing an additional 868 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its stake in iShares Select Dividend ETF by 0.9% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 13,623 shares of the company’s stock valued at $1,840,000 after acquiring an additional 118 shares during the period. Chicago Partners Investment Group LLC lifted its stake in iShares Select Dividend ETF by 1.7% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 13,846 shares of the company’s stock valued at $1,875,000 after acquiring an additional 229 shares during the period. Private Management Group Inc. acquired a new stake in iShares Select Dividend ETF during the 3rd quarter valued at approximately $213,000. Finally, GFS Advisors LLC lifted its stake in iShares Select Dividend ETF by 1,832.8% during the 3rd quarter. GFS Advisors LLC now owns 3,769 shares of the company’s stock valued at $509,000 after acquiring an additional 3,574 shares during the period. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 1.2 %

Shares of NASDAQ DVY opened at $138.10 on Friday. iShares Select Dividend ETF has a 12 month low of $115.43 and a 12 month high of $144.09. The company has a 50 day simple moving average of $134.00 and a two-hundred day simple moving average of $134.87. The stock has a market cap of $20.43 billion, a price-to-earnings ratio of 16.35 and a beta of 0.88.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

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.