Providence Capital Advisors LLC Reduces Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Providence Capital Advisors LLC reduced its position in iShares Select Dividend ETF (NASDAQ:DVY) by 20.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,756 shares of the company’s stock after selling 727 shares during the period. Providence Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $372,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Banque Cantonale Vaudoise boosted its holdings in iShares Select Dividend ETF by 10.1% in the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after acquiring an additional 73 shares during the last quarter. Unionview LLC lifted its stake in shares of iShares Select Dividend ETF by 0.7% during the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after purchasing an additional 76 shares in the last quarter. CMG Global Holdings LLC lifted its stake in shares of iShares Select Dividend ETF by 0.5% during the third 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. Pathway Financial Advisers LLC increased its position in shares of iShares Select Dividend ETF by 1.4% during the second quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock worth $740,000 after acquiring an additional 84 shares during the last quarter. Finally, LS Investment Advisors LLC increased its position in shares of iShares Select Dividend ETF by 1.6% during the second quarter. LS Investment Advisors LLC now owns 5,392 shares of the company’s stock worth $652,000 after acquiring an additional 85 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $143.18 on Thursday. The firm has a market cap of $21.33 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 $110.04 and a 1 year high of $144.09. The stock’s 50-day simple moving average is $136.25 and its 200-day simple moving average is $129.67.

iShares Select Dividend ETF Announces Dividend

The firm also recently disclosed 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 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.