iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by MGB Wealth Management LLC

MGB Wealth Management LLC reduced its position in iShares Select Dividend ETF (NASDAQ:DVY) by 8.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,385 shares of the company’s stock after selling 430 shares during the period. MGB Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $592,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. CMG Global Holdings LLC raised its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after purchasing an additional 80 shares in the last quarter. Cerity Partners LLC grew its position in iShares Select Dividend ETF by 7.9% during the third quarter. Cerity Partners LLC now owns 147,372 shares of the company’s stock valued at $19,906,000 after purchasing an additional 10,827 shares in the last quarter. Optivise Advisory Services LLC purchased a new position in iShares Select Dividend ETF during the third quarter valued at approximately $1,023,000. Great Valley Advisor Group Inc. grew its position in iShares Select Dividend ETF by 5.9% in the third quarter. Great Valley Advisor Group Inc. now owns 4,892 shares of the company’s stock worth $661,000 after acquiring an additional 272 shares in the last quarter. Finally, Meridian Wealth Management LLC bought a new stake in iShares Select Dividend ETF in the third quarter worth approximately $1,144,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.9 %

Shares of iShares Select Dividend ETF stock opened at $142.08 on Friday. The firm has a fifty day simple moving average of $135.74 and a 200-day simple moving average of $129.26. iShares Select Dividend ETF has a 1-year low of $109.90 and a 1-year high of $142.38. The stock has a market capitalization of $21.17 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

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