iShares Select Dividend ETF (NASDAQ:DVY) Position Lowered by WealthPLAN Partners LLC

WealthPLAN Partners LLC lowered its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 5.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,119 shares of the company’s stock after selling 373 shares during the period. WealthPLAN Partners LLC’s holdings in iShares Select Dividend ETF were worth $740,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DVY. Addison Advisors LLC lifted its stake in iShares Select Dividend ETF by 107.1% during the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after buying an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. bought a new position in shares of iShares Select Dividend ETF in the second quarter valued at approximately $30,000. ORG Partners LLC acquired a new position in iShares Select Dividend ETF during the 2nd quarter worth $32,000. Family Firm Inc. acquired a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth about $36,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of iShares Select Dividend ETF in the second quarter valued at approximately $40,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ DVY opened at $134.93 on Wednesday. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $135.77. The stock has a market cap of $20.06 billion, a PE ratio of 13.25 and a beta of 0.87. The firm has a 50-day simple moving average of $129.44 and a 200 day simple moving average of $124.01.

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.