Flagstar Advisors Inc. Sells 99 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Flagstar Advisors Inc. cut its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,311 shares of the company’s stock after selling 99 shares during the period. Flagstar Advisors Inc.’s holdings in iShares Select Dividend ETF were worth $2,615,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC boosted its holdings in shares of iShares Select Dividend ETF by 30.0% during the 3rd quarter. Signaturefd LLC now owns 1,864 shares of the company’s stock worth $201,000 after buying an additional 430 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of iShares Select Dividend ETF by 40.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 451 shares of the company’s stock worth $51,000 after buying an additional 130 shares in the last quarter. Bryn Mawr Capital Management LLC bought a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth approximately $366,000. JFS Wealth Advisors LLC boosted its holdings in shares of iShares Select Dividend ETF by 14.2% during the 3rd quarter. JFS Wealth Advisors LLC now owns 24,829 shares of the company’s stock worth $2,673,000 after buying an additional 3,078 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its holdings in shares of iShares Select Dividend ETF by 120.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 25,165 shares of the company’s stock worth $2,709,000 after buying an additional 13,775 shares in the last quarter. 47.25% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY traded up $0.74 during trading on Friday, reaching $123.18. 534,190 shares of the stock were exchanged, compared to its average volume of 601,642. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $123.43. The stock has a fifty day moving average of $117.15 and a two-hundred day moving average of $113.34. The firm has a market cap of $19.45 billion, a price-to-earnings ratio of 11.69 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a $0.9976 dividend. This represents a $3.99 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date was Thursday, March 21st.

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.