Rehmann Capital Advisory Group trimmed its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,852 shares of the company’s stock after selling 790 shares during the quarter. Rehmann Capital Advisory Group’s holdings in iShares Select Dividend ETF were worth $1,158,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of DVY. Stuart Chaussee & Associates Inc. bought a new stake in iShares Select Dividend ETF in the second quarter worth approximately $105,000. Gradient Investments LLC bought a new stake in shares of iShares Select Dividend ETF during the second quarter valued at approximately $108,000. Summit Trail Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 6,653.8% during the first quarter. Summit Trail Advisors LLC now owns 116,165 shares of the company’s stock valued at $116,000 after acquiring an additional 114,445 shares in the last quarter. Truewealth LLC increased its holdings in shares of iShares Select Dividend ETF by 97.0% during the second quarter. Truewealth LLC now owns 1,182 shares of the company’s stock valued at $116,000 after acquiring an additional 582 shares in the last quarter. Finally, FNY Investment Advisers LLC bought a new stake in shares of iShares Select Dividend ETF during the second quarter valued at approximately $149,000.
Shares of NASDAQ DVY traded up $0.37 during midday trading on Friday, hitting $96.37. 905,292 shares of the stock traded hands, compared to its average volume of 629,442. iShares Select Dividend ETF has a one year low of $91.67 and a one year high of $102.54.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were issued a dividend of $0.859 per share. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $0.80. The ex-dividend date was Wednesday, September 26th. This represents a $3.44 annualized dividend and a dividend yield of 3.57%.
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.
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