Aberdeen Wealth Management LLC Sells 75 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Aberdeen Wealth Management LLC lessened its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,071 shares of the company’s stock after selling 75 shares during the period. iShares Select Dividend ETF comprises about 1.5% of Aberdeen Wealth Management LLC’s portfolio, making the stock its 14th biggest position. Aberdeen Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $2,306,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in DVY. Addison Advisors LLC boosted its position in iShares Select Dividend ETF by 107.1% during the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after acquiring an additional 120 shares during the last quarter. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $30,000. ORG Partners LLC acquired a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $32,000. Family Firm Inc. bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at about $36,000. Finally, ORG Wealth Partners LLC acquired a new stake in iShares Select Dividend ETF during the third quarter worth approximately $36,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $139.16 on Tuesday. The company has a market cap of $20.73 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $109.15 and a fifty-two week high of $139.90. The stock has a 50 day simple moving average of $135.12 and a two-hundred day simple moving average of $128.80.

iShares Select Dividend ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $1.5496 per share. The ex-dividend date was Wednesday, September 25th.

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.