iShares Select Dividend ETF (NASDAQ:DVY) Stock Position Decreased by Romano Brothers AND Company

Romano Brothers AND Company reduced its position in iShares Select Dividend ETF (NASDAQ:DVY) by 1.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 9,953 shares of the company’s stock after selling 115 shares during the quarter. Romano Brothers AND Company’s holdings in iShares Select Dividend ETF were worth $1,344,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in DVY. Addison Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 107.1% in the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after purchasing an additional 120 shares during the period. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares Select Dividend ETF in the second quarter worth $30,000. ORG Partners LLC bought a new position in shares of iShares Select Dividend ETF in the second quarter worth about $32,000. Family Firm Inc. bought a new position in iShares Select Dividend ETF in the 2nd quarter worth approximately $36,000. Finally, ORG Wealth Partners LLC acquired a new position in iShares Select Dividend ETF during the 3rd quarter valued at $36,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $135.43 on Thursday. The company has a 50-day simple moving average of $133.53 and a 200-day simple moving average of $126.59. The firm has a market capitalization of $20.24 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $137.26.

iShares Select Dividend ETF Announces Dividend

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

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.