Cobblestone Capital Advisors LLC NY Sells 525 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Cobblestone Capital Advisors LLC NY lowered its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 22.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,780 shares of the company’s stock after selling 525 shares during the quarter. Cobblestone Capital Advisors LLC NY’s holdings in iShares Select Dividend ETF were worth $240,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Addison Advisors LLC boosted its position 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 stake in shares of iShares Select Dividend ETF during the second quarter valued at about $30,000. ORG Partners LLC bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $32,000. ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the 3rd quarter worth approximately $36,000. Finally, Family Firm Inc. purchased a new position in shares of iShares Select Dividend ETF in the 2nd quarter worth approximately $36,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.2 %

NASDAQ:DVY opened at $143.41 on Monday. The stock has a market capitalization of $21.30 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $111.20 and a 52 week high of $144.09. The firm has a 50 day moving average of $136.57 and a 200 day moving average of $129.96.

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 issued a dividend of $1.5496 per share. The ex-dividend date of this dividend 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.