Stephens Inc. AR trimmed its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.3% in the second quarter, Holdings Channel reports. The fund owned 66,453 shares of the company’s stock after selling 860 shares during the period. Stephens Inc. AR’s holdings in iShares Select Dividend ETF were worth $6,616,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently bought and sold shares of DVY. Buffington Mohr McNeal acquired a new position in iShares Select Dividend ETF during the first quarter worth $25,000. Personal Wealth Partners acquired a new position in iShares Select Dividend ETF during the second quarter worth $28,000. Coastal Capital Group Inc. acquired a new position in iShares Select Dividend ETF during the second quarter worth $29,000. Investors Research Corp increased its position in iShares Select Dividend ETF by 2,218.8% during the second quarter. Investors Research Corp now owns 371 shares of the company’s stock worth $37,000 after buying an additional 355 shares in the last quarter. Finally, Asset Planning Services Ltd. purchased a new position in iShares Select Dividend ETF during the second quarter worth $41,000.
iShares Select Dividend ETF stock traded up $0.15 during mid-day trading on Thursday, hitting $95.25. 3,406 shares of the company were exchanged, compared to its average volume of 632,444. The firm has a 50 day moving average price of $99.65. iShares Select Dividend ETF has a 12-month low of $84.62 and a 12-month high of $102.54.
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.
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