Alerus Financial NA decreased its stake in shares of iShares Select Dividend ETF (NYSEARCA:DVY) by 9.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,176 shares of the company’s stock after selling 1,313 shares during the period. Alerus Financial NA’s holdings in iShares Select Dividend ETF were worth $1,123,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Harbour Capital Advisors LLC boosted its position in iShares Select Dividend ETF by 9,121.0% in the second quarter. Harbour Capital Advisors LLC now owns 216,140 shares of the company’s stock worth $2,344,000 after buying an additional 213,796 shares in the last quarter. Bank of New York Mellon Corp boosted its position in iShares Select Dividend ETF by 7.4% in the second quarter. Bank of New York Mellon Corp now owns 705,376 shares of the company’s stock worth $65,042,000 after buying an additional 48,791 shares in the last quarter. BB&T Securities LLC boosted its position in iShares Select Dividend ETF by 56.9% in the second quarter. BB&T Securities LLC now owns 94,579 shares of the company’s stock worth $8,721,000 after buying an additional 34,303 shares in the last quarter. Crescent Grove Advisors LLC bought a new position in iShares Select Dividend ETF during the second quarter worth approximately $2,443,000. Finally, IFP Advisors Inc boosted its position in iShares Select Dividend ETF by 11.8% in the second quarter. IFP Advisors Inc now owns 199,516 shares of the company’s stock worth $18,397,000 after buying an additional 21,104 shares in the last quarter.

iShares Select Dividend ETF (DVY) traded up 0.43% during trading on Friday, reaching $92.45. 105,750 shares of the company’s stock were exchanged. iShares Select Dividend ETF has a 12-month low of $81.74 and a 12-month high of $94.68. The stock’s 50-day moving average is $92.19 and its 200-day moving average is $91.92.

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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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NYSEARCA:DVY)

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