Vertex Planning Partners LLC Has $1.50 Million Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Vertex Planning Partners LLC reduced its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,110 shares of the company’s stock after selling 367 shares during the period. Vertex Planning Partners LLC’s holdings in iShares Select Dividend ETF were worth $1,501,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of iShares Select Dividend ETF by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 31,581 shares of the company’s stock valued at $3,890,000 after acquiring an additional 134 shares during the last quarter. CreativeOne Wealth LLC lifted its position in shares of iShares Select Dividend ETF by 280.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,828 shares of the company’s stock worth $1,211,000 after acquiring an additional 7,245 shares during the period. Axxcess Wealth Management LLC boosted its stake in iShares Select Dividend ETF by 1.5% during the first quarter. Axxcess Wealth Management LLC now owns 7,390 shares of the company’s stock worth $910,000 after buying an additional 107 shares in the last quarter. Rodgers Brothers Inc. acquired a new position in iShares Select Dividend ETF in the first quarter worth about $298,000. Finally, Keeley Teton Advisors LLC grew its position in iShares Select Dividend ETF by 1.8% in the first quarter. Keeley Teton Advisors LLC now owns 11,078 shares of the company’s stock valued at $1,365,000 after acquiring an additional 200 shares during the period. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.6 %

Shares of DVY stock opened at $139.16 on Tuesday. iShares Select Dividend ETF has a 12-month low of $109.15 and a 12-month high of $139.90. The firm has a 50-day moving average price of $135.12 and a 200 day moving average price of $128.80. The company has a market capitalization of $20.73 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were given a $1.5496 dividend. 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.