Capital Investment Counsel Inc Has $213,000 Position in iShares Select Dividend ETF (NASDAQ:DVY)

Capital Investment Counsel Inc lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 12.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,578 shares of the company’s stock after selling 225 shares during the period. Capital Investment Counsel Inc’s holdings in iShares Select Dividend ETF were worth $213,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Addison Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after purchasing an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new stake in iShares Select Dividend ETF during the 2nd quarter worth $30,000. ORG Partners LLC acquired a new stake in iShares Select Dividend ETF during the 2nd quarter worth $32,000. ORG Wealth Partners LLC acquired a new stake in iShares Select Dividend ETF during the 3rd quarter worth $36,000. Finally, Family Firm Inc. acquired a new stake in iShares Select Dividend ETF during the 2nd quarter worth $36,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY opened at $135.43 on Thursday. The company has a fifty day moving average price of $133.53 and a two-hundred day moving average price of $126.59. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $137.26. The firm has a market capitalization of $20.24 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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.