Investors Research Corp Sells 4,580 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Investors Research Corp reduced its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 48.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,885 shares of the company’s stock after selling 4,580 shares during the period. Investors Research Corp’s holdings in iShares Select Dividend ETF were worth $660,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. NewEdge Advisors LLC grew its holdings in iShares Select Dividend ETF by 5.6% during the 2nd quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock worth $9,164,000 after acquiring an additional 4,031 shares during the period. Mather Group LLC. grew its stake in shares of iShares Select Dividend ETF by 20.2% in the second quarter. Mather Group LLC. now owns 3,278 shares of the company’s stock worth $404,000 after purchasing an additional 550 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of iShares Select Dividend ETF by 2.2% during the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after purchasing an additional 1,041 shares in the last quarter. Fifth Third Securities Inc. boosted its holdings in shares of iShares Select Dividend ETF by 1.1% during the 2nd quarter. Fifth Third Securities Inc. now owns 26,939 shares of the company’s stock valued at $3,259,000 after acquiring an additional 294 shares during the last quarter. Finally, Global Retirement Partners LLC raised its stake in shares of iShares Select Dividend ETF by 12.0% in the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock worth $572,000 after buying an additional 455 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.3 %

Shares of DVY stock traded up $0.40 on Thursday, reaching $139.40. The company’s stock had a trading volume of 18,526 shares, compared to its average volume of 449,011. The company has a market capitalization of $20.77 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $109.54 and a 1 year high of $139.90. The stock’s fifty day simple moving average is $135.40 and its 200-day simple moving average is $128.99.

iShares Select Dividend ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Stockholders 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.