Arrowroot Family Office LLC Sells 945 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Arrowroot Family Office LLC trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 16.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 4,728 shares of the company’s stock after selling 945 shares during the period. Arrowroot Family Office LLC’s holdings in iShares Select Dividend ETF were worth $639,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in DVY. Banque Cantonale Vaudoise raised its stake in iShares Select Dividend ETF by 10.1% during the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after acquiring an additional 73 shares in the last quarter. Unionview LLC lifted its holdings in iShares Select Dividend ETF by 0.7% during the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock valued at $1,506,000 after purchasing an additional 76 shares during the last quarter. CMG Global Holdings LLC boosted its position in iShares Select Dividend ETF by 0.5% in the third quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock valued at $2,335,000 after buying an additional 80 shares in the last quarter. Pathway Financial Advisers LLC grew its stake in iShares Select Dividend ETF by 1.4% during the second quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock worth $740,000 after buying an additional 84 shares during the last quarter. Finally, LS Investment Advisors LLC boosted its holdings in shares of iShares Select Dividend ETF by 1.6% in the 2nd quarter. LS Investment Advisors LLC now owns 5,392 shares of the company’s stock worth $652,000 after acquiring an additional 85 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 0.2 %

Shares of DVY stock opened at $143.41 on Monday. The firm has a market capitalization of $21.30 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm’s 50 day moving average is $136.57 and its 200-day moving average is $129.96. iShares Select Dividend ETF has a 1 year low of $111.20 and a 1 year high of $144.09.

iShares Select Dividend ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a dividend of $1.5496 per share. The ex-dividend date of this dividend 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.