Capital Investment Advisors LLC Sells 6,517 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Capital Investment Advisors LLC trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY) by 4.0% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 155,135 shares of the company’s stock after selling 6,517 shares during the period. Capital Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $17,577,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its position in iShares Select Dividend ETF by 1.2% in the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 6,854 shares of the company’s stock valued at $878,000 after buying an additional 81 shares during the last quarter. Laurel Wealth Advisors Inc. lifted its stake in shares of iShares Select Dividend ETF by 0.7% in the 4th quarter. Laurel Wealth Advisors Inc. now owns 11,645 shares of the company’s stock valued at $1,404,000 after purchasing an additional 85 shares during the period. Resolute Financial LLC lifted its stake in shares of iShares Select Dividend ETF by 3.9% in the 4th quarter. Resolute Financial LLC now owns 2,451 shares of the company’s stock valued at $296,000 after purchasing an additional 91 shares during the period. JNBA Financial Advisors lifted its stake in shares of iShares Select Dividend ETF by 26.3% in the 1st quarter. JNBA Financial Advisors now owns 447 shares of the company’s stock valued at $52,000 after purchasing an additional 93 shares during the period. Finally, Financial Advocates Investment Management lifted its stake in shares of iShares Select Dividend ETF by 0.7% in the 4th quarter. Financial Advocates Investment Management now owns 14,216 shares of the company’s stock valued at $1,714,000 after purchasing an additional 93 shares during the period. 47.25% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY stock traded down $0.55 during trading hours on Friday, reaching $113.59. The company had a trading volume of 1,609,096 shares, compared to its average volume of 667,998. The company has a 50 day moving average of $114.41 and a 200 day moving average of $114.04. The firm has a market cap of $19.36 billion, a price-to-earnings ratio of 11.69 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $105.59 and a 1-year high of $126.89.

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.