Cerity Partners LLC Reduces Stock Position in iShares Select Dividend ETF $DVY

Cerity Partners LLC lessened its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 3.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 132,440 shares of the company’s stock after selling 4,999 shares during the quarter. Cerity Partners LLC owned about 0.09% of iShares Select Dividend ETF worth $17,589,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DVY. Cove Private Wealth LLC grew its holdings in iShares Select Dividend ETF by 64.6% during the 2nd quarter. Cove Private Wealth LLC now owns 8,280 shares of the company’s stock worth $1,100,000 after acquiring an additional 3,250 shares in the last quarter. Courage Miller Partners LLC lifted its position in shares of iShares Select Dividend ETF by 28.6% during the 2nd quarter. Courage Miller Partners LLC now owns 2,795 shares of the company’s stock worth $371,000 after purchasing an additional 621 shares during the last quarter. Astoria Portfolio Advisors LLC. grew its stake in shares of iShares Select Dividend ETF by 25.5% during the second quarter. Astoria Portfolio Advisors LLC. now owns 5,590 shares of the company’s stock worth $768,000 after purchasing an additional 1,136 shares in the last quarter. Worth Financial Advisory Group LLC increased its holdings in iShares Select Dividend ETF by 29.0% in the second quarter. Worth Financial Advisory Group LLC now owns 2,777 shares of the company’s stock valued at $369,000 after buying an additional 625 shares during the last quarter. Finally, Almanack Investment Partners LLC. purchased a new position in iShares Select Dividend ETF in the second quarter valued at $915,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $141.26 on Wednesday. The company has a market capitalization of $20.68 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The business has a 50-day moving average of $140.88 and a two-hundred day moving average of $138.02. iShares Select Dividend ETF has a 1 year low of $115.94 and a 1 year high of $143.77.

iShares Select Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were paid a dividend of $1.2465 per share. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 annualized dividend and a yield of 3.5%.

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.