Western Wealth Management LLC trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY) by 0.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,335 shares of the company’s stock after selling 174 shares during the period. Western Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $6,119,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Millennium Management LLC bought a new stake in shares of iShares Select Dividend ETF during the fourth quarter valued at about $822,000. FMR LLC grew its holdings in iShares Select Dividend ETF by 4.3% during the fourth quarter. FMR LLC now owns 75,037 shares of the company’s stock worth $6,702,000 after acquiring an additional 3,066 shares during the period. CWM LLC grew its holdings in iShares Select Dividend ETF by 16.0% during the first quarter. CWM LLC now owns 3,671 shares of the company’s stock worth $360,000 after acquiring an additional 507 shares during the period. Brinker Capital Inc. grew its holdings in iShares Select Dividend ETF by 3.7% during the first quarter. Brinker Capital Inc. now owns 6,982 shares of the company’s stock worth $686,000 after acquiring an additional 246 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new position in iShares Select Dividend ETF during the first quarter worth about $21,978,000.
NASDAQ:DVY traded down $1.67 during mid-day trading on Friday, reaching $96.40. 14,490 shares of the stock were exchanged, compared to its average volume of 622,915. The business has a fifty day moving average price of $99.27 and a 200 day moving average price of $98.56. iShares Select Dividend ETF has a 1-year low of $84.62 and a 1-year high of $102.54.
About iShares Select Dividend ETF
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.
Recommended Story: Fundamental Analysis – How It Helps Investors
Receive News & Ratings for iShares Select Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Select Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.