Bensler LLC Trims Position in iShares Select Dividend ETF (NASDAQ:DVY)

Bensler LLC lowered its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 6.8% in the third quarter, Holdings Channel.com reports. The firm owned 20,735 shares of the company’s stock after selling 1,514 shares during the period. Bensler LLC’s holdings in iShares Select Dividend ETF were worth $2,801,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Addison Advisors LLC raised its stake 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 purchasing an additional 120 shares during the period. 1620 Investment Advisors Inc. acquired a new position in iShares Select Dividend ETF in the second quarter valued at $30,000. ORG Partners LLC purchased a new stake in iShares Select Dividend ETF during the second quarter valued at about $32,000. Family Firm Inc. acquired a new stake in iShares Select Dividend ETF during the second quarter worth about $36,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the 3rd quarter worth about $36,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $137.51 on Friday. iShares Select Dividend ETF has a 1-year low of $105.58 and a 1-year high of $138.70. The firm has a market capitalization of $20.49 billion, a P/E ratio of 13.25 and a beta of 0.87. The business’s 50-day simple moving average is $134.28 and its 200-day simple moving average is $127.72.

iShares Select Dividend ETF Announces Dividend

The firm also recently declared 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 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.