Romano Brothers AND Company Lowers Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Romano Brothers AND Company reduced its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 1.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,953 shares of the company’s stock after selling 115 shares during the quarter. Romano Brothers AND Company’s holdings in iShares Select Dividend ETF were worth $1,344,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Addison Advisors LLC raised its holdings in iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after buying an additional 120 shares during the period. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at approximately $30,000. ORG Partners LLC bought a new position in iShares Select Dividend ETF during the 2nd quarter valued at $32,000. Family Firm Inc. acquired a new position in iShares Select Dividend ETF in the second quarter worth about $36,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF in the 3rd quarter worth approximately $36,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY stock opened at $135.43 on Thursday. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $137.26. The firm has a fifty day moving average price of $133.53 and a two-hundred day moving average price of $126.59. The firm has a market cap of $20.24 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

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