Greenwood Capital Associates LLC Sells 14,107 Shares of iShares Select Dividend ETF $DVY

Greenwood Capital Associates LLC lessened its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 64.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,680 shares of the company’s stock after selling 14,107 shares during the quarter. Greenwood Capital Associates LLC’s holdings in iShares Select Dividend ETF were worth $1,163,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Advisory Services Network LLC boosted its holdings in iShares Select Dividend ETF by 11.8% in the third quarter. Advisory Services Network LLC now owns 128,690 shares of the company’s stock valued at $18,287,000 after acquiring an additional 13,536 shares during the last quarter. Park Avenue Securities LLC raised its holdings in iShares Select Dividend ETF by 40.1% during the 4th quarter. Park Avenue Securities LLC now owns 15,733 shares of the company’s stock worth $2,221,000 after purchasing an additional 4,507 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in iShares Select Dividend ETF by 7.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 57,419 shares of the company’s stock worth $8,104,000 after purchasing an additional 4,008 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in iShares Select Dividend ETF during the 3rd quarter valued at about $8,718,000. Finally, First United Bank & Trust lifted its position in iShares Select Dividend ETF by 7.9% during the 4th quarter. First United Bank & Trust now owns 65,081 shares of the company’s stock valued at $9,186,000 after purchasing an additional 4,754 shares during the period. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Down 0.0%

Shares of NASDAQ DVY opened at $158.11 on Friday. The firm has a market capitalization of $23.19 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 1 year low of $132.83 and a 1 year high of $161.01. The firm’s 50-day moving average is $155.15 and its 200-day moving average is $152.13.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $1.2472 dividend. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 annualized dividend and a yield of 3.2%. The ex-dividend date was Monday, June 15th.

iShares Select Dividend ETF 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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.