Virtue Capital Management LLC Sells 3,448 Shares of iShares Select Dividend ETF $DVY

Virtue Capital Management LLC lessened its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 32.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,272 shares of the company’s stock after selling 3,448 shares during the period. Virtue Capital Management LLC’s holdings in iShares Select Dividend ETF were worth $1,106,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares Select Dividend ETF in the third quarter valued at $1,022,000. Investment Partners LTD. increased its holdings in iShares Select Dividend ETF by 31.0% during the 3rd quarter. Investment Partners LTD. now owns 4,598 shares of the company’s stock worth $699,000 after purchasing an additional 1,088 shares during the period. Aprio Wealth Management LLC increased its holdings in iShares Select Dividend ETF by 1.0% during the 3rd quarter. Aprio Wealth Management LLC now owns 7,292 shares of the company’s stock worth $1,109,000 after purchasing an additional 72 shares during the period. International Assets Investment Management LLC increased its holdings in iShares Select Dividend ETF by 1,401.8% during the 3rd quarter. International Assets Investment Management LLC now owns 181,600 shares of the company’s stock worth $27,616,000 after purchasing an additional 169,508 shares during the period. Finally, Partners Wealth Management LLC raised its position in iShares Select Dividend ETF by 640.0% in the 3rd quarter. Partners Wealth Management LLC now owns 10,278 shares of the company’s stock valued at $1,563,000 after purchasing an additional 8,889 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY stock opened at $163.27 on Tuesday. The business’s 50-day moving average is $159.12 and its two-hundred day moving average is $156.18. The firm has a market capitalization of $23.79 billion, a P/E ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 1 year low of $137.16 and a 1 year high of $167.06.

iShares Select Dividend ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a dividend of $1.3291 per share. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472. This represents a $5.32 dividend on an annualized basis and a dividend yield of 3.3%.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.