iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Edgewood Management LLC

Edgewood Management LLC reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,162 shares of the company’s stock after selling 566 shares during the period. Edgewood Management LLC’s holdings in iShares Select Dividend ETF were worth $7,721,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of DVY. Addison Advisors LLC grew its holdings in iShares Select Dividend ETF by 107.1% during the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after acquiring an additional 120 shares during the period. 1620 Investment Advisors Inc. purchased a new position in iShares Select Dividend ETF in the 2nd quarter worth about $30,000. ORG Partners LLC purchased a new position in iShares Select Dividend ETF in the 2nd quarter worth about $32,000. Family Firm Inc. purchased a new position in iShares Select Dividend ETF in the 2nd quarter worth about $36,000. Finally, ORG Wealth Partners LLC purchased a new position in iShares Select Dividend ETF in the 3rd quarter worth about $36,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 1.3 %

Shares of DVY opened at $140.80 on Friday. The business’s 50-day moving average price is $135.57 and its 200 day moving average price is $129.07. The stock has a market capitalization of $20.98 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $109.54 and a 1-year high of $140.98.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a $1.5496 dividend. The ex-dividend date of this dividend 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.