iShares Select Dividend ETF (NASDAQ:DVY) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totalling 711,535 shares, a decline of 27.9% from the July 13th total of 986,197 shares. Based on an average daily volume of 611,740 shares, the days-to-cover ratio is currently 1.2 days.

A number of large investors have recently modified their holdings of the business. Gyroscope Capital Management Group LLC lifted its stake in shares of iShares Select Dividend ETF by 8.6% in the 1st quarter. Gyroscope Capital Management Group LLC now owns 6,512 shares of the company’s stock valued at $619,000 after purchasing an additional 514 shares during the last quarter. Walter & Keenan Financial Consulting Co. MI ADV lifted its stake in shares of iShares Select Dividend ETF by 23.4% in the 2nd quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 2,715 shares of the company’s stock valued at $265,000 after purchasing an additional 515 shares during the last quarter. Capital Analysts LLC lifted its stake in shares of iShares Select Dividend ETF by 1.2% in the 2nd quarter. Capital Analysts LLC now owns 44,238 shares of the company’s stock valued at $4,324,000 after purchasing an additional 538 shares during the last quarter. FormulaFolio Investments LLC lifted its stake in shares of iShares Select Dividend ETF by 17.6% in the 2nd quarter. FormulaFolio Investments LLC now owns 3,615 shares of the company’s stock valued at $353,000 after purchasing an additional 540 shares during the last quarter. Finally, Exencial Wealth Advisors LLC lifted its stake in shares of iShares Select Dividend ETF by 6.3% in the 1st quarter. Exencial Wealth Advisors LLC now owns 9,242 shares of the company’s stock valued at $879,000 after purchasing an additional 545 shares during the last quarter.

Shares of NASDAQ:DVY opened at $99.53 on Tuesday. iShares Select Dividend ETF has a 52-week low of $90.47 and a 52-week high of $102.32.

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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