iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 55,888 shares of the company’s stock after selling 1,386 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $7,549,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Addison Advisors LLC lifted its position in iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after purchasing an additional 120 shares during the period. 1620 Investment Advisors Inc. bought a new stake in iShares Select Dividend ETF in the second quarter worth about $30,000. ORG Partners LLC acquired a new stake in iShares Select Dividend ETF in the 2nd quarter valued at about $32,000. Family Firm Inc. bought a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at about $36,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF in the 3rd quarter worth approximately $36,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $138.15 on Wednesday. The company has a market capitalization of $20.58 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $105.65 and a 12 month high of $139.90. The company’s 50 day simple moving average is $134.56 and its 200 day simple moving average is $128.15.

iShares Select Dividend ETF Announces Dividend

The business 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 was Wednesday, September 25th.

About iShares Select Dividend ETF

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.