Bay Colony Advisory Group Inc d b a Bay Colony Advisors Reduces Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,184 shares of the company’s stock after selling 136 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in iShares Select Dividend ETF were worth $2,456,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Brookstone Capital Management lifted its holdings in iShares Select Dividend ETF by 3.9% in the first quarter. Brookstone Capital Management now owns 2,752 shares of the company’s stock worth $339,000 after buying an additional 103 shares during the period. Valeo Financial Advisors LLC lifted its holdings in shares of iShares Select Dividend ETF by 2.9% during the first quarter. Valeo Financial Advisors LLC now owns 20,407 shares of the company’s stock valued at $2,514,000 after purchasing an additional 572 shares during the last quarter. KFG Wealth Management LLC increased its position in shares of iShares Select Dividend ETF by 4.6% during the first quarter. KFG Wealth Management LLC now owns 5,341 shares of the company’s stock valued at $658,000 after acquiring an additional 235 shares in the last quarter. Arcus Capital Partners LLC increased its position in shares of iShares Select Dividend ETF by 17.1% during the first quarter. Arcus Capital Partners LLC now owns 135,195 shares of the company’s stock valued at $16,653,000 after acquiring an additional 19,739 shares in the last quarter. Finally, Dupree Financial Group LLC increased its position in shares of iShares Select Dividend ETF by 6.3% during the first quarter. Dupree Financial Group LLC now owns 6,934 shares of the company’s stock valued at $854,000 after acquiring an additional 410 shares in the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY traded up $1.07 on Monday, hitting $134.72. 39,494 shares of the stock traded hands, compared to its average volume of 459,171. The company has a market capitalization of $20.08 billion, a PE ratio of 13.25 and a beta of 0.87. The business has a 50 day simple moving average of $133.75 and a 200 day simple moving average of $126.81. iShares Select Dividend ETF has a one year low of $103.14 and a one year high of $137.26.

iShares Select Dividend ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, September 30th. Investors 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.