Cwm LLC Sells 2,028 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Cwm LLC decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,674 shares of the company’s stock after selling 2,028 shares during the quarter. Cwm LLC’s holdings in iShares Select Dividend ETF were worth $3,832,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of DVY. HCR Wealth Advisors grew its holdings in shares of iShares Select Dividend ETF by 3.1% during the 4th quarter. HCR Wealth Advisors now owns 3,286 shares of the company’s stock worth $385,000 after purchasing an additional 98 shares in the last quarter. Salem Investment Counselors Inc. boosted its holdings in shares of iShares Select Dividend ETF by 0.7% during the 1st quarter. Salem Investment Counselors Inc. now owns 15,453 shares of the company’s stock valued at $1,903,000 after acquiring an additional 100 shares in the last quarter. Integrity Financial Corp WA grew its position in iShares Select Dividend ETF by 9.5% during the 1st quarter. Integrity Financial Corp WA now owns 1,150 shares of the company’s stock worth $142,000 after acquiring an additional 100 shares during the last quarter. Brookstone Capital Management increased its holdings in iShares Select Dividend ETF by 3.9% in the 1st quarter. Brookstone Capital Management now owns 2,752 shares of the company’s stock worth $339,000 after purchasing an additional 103 shares in the last quarter. Finally, Warner Financial Inc. raised its position in iShares Select Dividend ETF by 1.8% in the fourth quarter. Warner Financial Inc. now owns 5,969 shares of the company’s stock valued at $700,000 after purchasing an additional 107 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY traded down $0.16 during mid-day trading on Wednesday, reaching $124.73. 343,364 shares of the company’s stock were exchanged, compared to its average volume of 504,277. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $131.02. The firm has a market capitalization of $18.54 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The business’s fifty day moving average price is $123.44 and its 200-day moving average price is $120.71.

iShares Select Dividend ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a dividend of $0.9304 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $3.72 annualized dividend and a dividend yield of 2.98%.

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.