Aptus Capital Advisors LLC Trims Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Aptus Capital Advisors LLC lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 12.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,812 shares of the company’s stock after selling 1,351 shares during the quarter. Aptus Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Addison Advisors LLC lifted its holdings 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 purchasing an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at $30,000. ORG Partners LLC bought a new position in iShares Select Dividend ETF in the 2nd quarter worth $32,000. Family Firm Inc. bought a new position in iShares Select Dividend ETF in the 2nd quarter worth $36,000. Finally, ORG Wealth Partners LLC purchased a new stake in iShares Select Dividend ETF in the 3rd quarter worth $36,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.2 %

Shares of iShares Select Dividend ETF stock opened at $137.94 on Friday. The company has a market capitalization of $20.55 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The stock’s 50-day simple moving average is $134.75 and its 200-day simple moving average is $128.35. iShares Select Dividend ETF has a 52 week low of $109.15 and a 52 week high of $139.90.

iShares Select Dividend ETF Announces Dividend

The firm also recently declared 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.