Choreo LLC Cuts Stock Position in iShares Select Dividend ETF $DVY

Choreo LLC decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 8.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,137 shares of the company’s stock after selling 821 shares during the quarter. Choreo LLC’s holdings in iShares Select Dividend ETF were worth $1,213,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Country Trust Bank lifted its stake in shares of iShares Select Dividend ETF by 36.3% during the second quarter. Country Trust Bank now owns 1,093 shares of the company’s stock worth $145,000 after purchasing an additional 291 shares in the last quarter. J.W. Cole Advisors Inc. grew its stake in shares of iShares Select Dividend ETF by 27.6% in the second quarter. J.W. Cole Advisors Inc. now owns 43,291 shares of the company’s stock valued at $5,749,000 after buying an additional 9,371 shares in the last quarter. Columbia Bank acquired a new stake in shares of iShares Select Dividend ETF in the second quarter valued at about $213,000. Laurel Wealth Advisors LLC raised its holdings in shares of iShares Select Dividend ETF by 13,158.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,897,610 shares of the company’s stock valued at $252,022,000 after buying an additional 1,883,298 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its position in iShares Select Dividend ETF by 2.5% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 90,719 shares of the company’s stock worth $12,048,000 after acquiring an additional 2,237 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.4%

Shares of NASDAQ:DVY opened at $143.56 on Friday. The company has a market capitalization of $21.02 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The company has a 50 day moving average of $140.78 and a two-hundred day moving average of $137.50. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $143.81.

iShares Select Dividend ETF Increases Dividend

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

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.