Aptus Capital Advisors LLC Sells 1,351 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Aptus Capital Advisors LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 12.1% in the 3rd quarter, Holdings Channel reports. The firm owned 9,812 shares of the company’s stock after selling 1,351 shares during the period. Aptus Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,325,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Addison Advisors LLC boosted 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 valued at $28,000 after buying an additional 120 shares during the last quarter. 1620 Investment Advisors Inc. bought a new stake in iShares Select Dividend ETF in the 2nd quarter worth approximately $30,000. ORG Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth approximately $32,000. Family Firm Inc. bought a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at approximately $36,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the third quarter valued at $36,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $137.94 on Friday. The stock has a market capitalization of $20.55 billion, a PE ratio of 13.25 and a beta of 0.87. The company’s fifty day moving average is $134.75 and its 200 day moving average is $128.35. iShares Select Dividend ETF has a fifty-two week low of $109.15 and a fifty-two week high of $139.90.

iShares Select Dividend ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued 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.