Linscomb Wealth Inc. Sells 2,427 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Linscomb Wealth Inc. decreased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 3.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 70,998 shares of the company’s stock after selling 2,427 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares Select Dividend ETF were worth $9,590,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. NewEdge Advisors LLC grew its holdings in shares of iShares Select Dividend ETF by 5.6% in the 2nd quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock worth $9,164,000 after purchasing an additional 4,031 shares during the last quarter. Mather Group LLC. raised its position in shares of iShares Select Dividend ETF by 20.2% during the 2nd quarter. Mather Group LLC. now owns 3,278 shares of the company’s stock valued at $404,000 after acquiring an additional 550 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of iShares Select Dividend ETF by 2.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after acquiring an additional 1,041 shares during the last quarter. Fifth Third Securities Inc. increased its position in shares of iShares Select Dividend ETF by 1.1% in the 2nd quarter. Fifth Third Securities Inc. now owns 26,939 shares of the company’s stock valued at $3,259,000 after buying an additional 294 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its stake in iShares Select Dividend ETF by 12.0% in the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after buying an additional 455 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.0 %

Shares of NASDAQ DVY traded down $0.04 during midday trading on Friday, reaching $137.90. The company’s stock had a trading volume of 65,728 shares, compared to its average volume of 450,917. iShares Select Dividend ETF has a fifty-two week low of $109.15 and a fifty-two week high of $139.90. The stock has a market capitalization of $20.55 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The stock has a 50 day simple moving average of $134.85 and a 200-day simple moving average of $128.42.

iShares Select Dividend ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were given a dividend of $1.5496 per share. The ex-dividend date was Wednesday, September 25th.

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.