King Luther Capital Management Corp Trims Position in iShares Select Dividend ETF (NASDAQ:DVY)

King Luther Capital Management Corp trimmed its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 12.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,824 shares of the company’s stock after selling 712 shares during the quarter. King Luther Capital Management Corp’s holdings in iShares Select Dividend ETF were worth $474,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of DVY. First Hawaiian Bank boosted its position in iShares Select Dividend ETF by 3.0% in the 1st quarter. First Hawaiian Bank now owns 7,628 shares of the company’s stock valued at $749,000 after buying an additional 221 shares during the period. HCR Wealth Advisors raised its stake in iShares Select Dividend ETF by 119.0% during the 1st quarter. HCR Wealth Advisors now owns 11,028 shares of the company’s stock worth $1,083,000 after acquiring an additional 5,993 shares in the last quarter. Trust Co. of Virginia VA acquired a new stake in iShares Select Dividend ETF during the 1st quarter worth $215,000. First American Bank acquired a new stake in iShares Select Dividend ETF during the 1st quarter worth $201,000. Finally, Massmutual Trust Co. FSB ADV raised its stake in iShares Select Dividend ETF by 93.4% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 6,315 shares of the company’s stock worth $564,000 after acquiring an additional 3,050 shares in the last quarter.

NASDAQ DVY traded up $0.23 during trading on Monday, reaching $99.79. The company’s stock had a trading volume of 313,243 shares, compared to its average volume of 691,727. iShares Select Dividend ETF has a twelve month low of $84.62 and a twelve month high of $102.54. The business’s fifty day moving average is $97.67.

The company also recently declared a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Tuesday, June 18th were paid a dividend of $0.8823 per share. This represents a $3.53 dividend on an annualized basis and a dividend yield of 3.54%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $0.87. The ex-dividend date was Monday, June 17th.

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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