iShares Select Dividend ETF $DVY Shares Sold by MYDA Advisors LLC

MYDA Advisors LLC trimmed its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 50.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,000 shares of the company’s stock after selling 40,000 shares during the quarter. iShares Select Dividend ETF makes up 0.9% of MYDA Advisors LLC’s portfolio, making the stock its 17th biggest holding. MYDA Advisors LLC’s holdings in iShares Select Dividend ETF were worth $5,372,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of iShares Select Dividend ETF by 14.3% in the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after purchasing an additional 1,524 shares during the period. Hsbc Holdings PLC grew its position in shares of iShares Select Dividend ETF by 17.8% in the fourth quarter. Hsbc Holdings PLC now owns 17,174 shares of the company’s stock valued at $2,255,000 after purchasing an additional 2,597 shares during the period. Comerica Bank grew its position in shares of iShares Select Dividend ETF by 1.9% in the fourth quarter. Comerica Bank now owns 493,235 shares of the company’s stock valued at $64,757,000 after purchasing an additional 9,181 shares during the period. Eagle Strategies LLC grew its position in shares of iShares Select Dividend ETF by 5.3% in the fourth quarter. Eagle Strategies LLC now owns 17,246 shares of the company’s stock valued at $2,264,000 after purchasing an additional 869 shares during the period. Finally, South Plains Financial Inc. purchased a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at $268,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.5%

Shares of NASDAQ:DVY opened at $141.94 on Thursday. The company has a market cap of $20.81 billion, a P/E ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $115.94 and a 52 week high of $144.09. The business has a fifty day simple moving average of $136.15 and a 200-day simple moving average of $132.83.

iShares Select Dividend ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were given a dividend of $1.2333 per share. This represents a $4.93 dividend on an annualized basis and a yield of 3.5%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $0.93. The ex-dividend date of this dividend was Monday, June 16th.

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.