iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Carnegie Capital Asset Management LLC

Carnegie Capital Asset Management LLC cut its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 13,031 shares of the company’s stock after selling 175 shares during the period. Carnegie Capital Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $1,528,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Nelson Van Denburg & Campbell Wealth Management Group LLC lifted its position in iShares Select Dividend ETF by 1.2% during the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 6,854 shares of the company’s stock valued at $878,000 after buying an additional 81 shares in the last quarter. Halbert Hargrove Global Advisors LLC lifted its position in iShares Select Dividend ETF by 2.1% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock valued at $513,000 after buying an additional 88 shares in the last quarter. Financial Advocates Investment Management lifted its position in iShares Select Dividend ETF by 0.7% during the fourth quarter. Financial Advocates Investment Management now owns 14,216 shares of the company’s stock valued at $1,714,000 after buying an additional 93 shares in the last quarter. JNBA Financial Advisors lifted its position in iShares Select Dividend ETF by 26.6% during the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after buying an additional 94 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its position in shares of iShares Select Dividend ETF by 0.6% during the third quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock worth $1,730,000 after purchasing an additional 96 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.6 %

NASDAQ DVY opened at $116.79 on Tuesday. The company’s fifty day simple moving average is $118.35 and its 200-day simple moving average is $114.13. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $123.43. The stock has a market cap of $17.92 billion, a P/E ratio of 11.69 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a dividend of $0.9976 per share. The ex-dividend date was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.42%.

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.