iShares Select Dividend ETF (NASDAQ:DVY) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 634,200 shares, a decline of 19.6% from the March 31st total of 789,000 shares. Based on an average daily trading volume, of 789,800 shares, the short-interest ratio is presently 0.8 days.
Large investors have recently modified their holdings of the company. Atlas Private Wealth Management boosted its stake in shares of iShares Select Dividend ETF by 27.7% in the 1st quarter. Atlas Private Wealth Management now owns 14,231 shares of the company’s stock valued at $1,624,000 after purchasing an additional 3,089 shares in the last quarter. International Assets Investment Management LLC raised its holdings in iShares Select Dividend ETF by 92.9% during the 1st quarter. International Assets Investment Management LLC now owns 37,079 shares of the company’s stock worth $3,886,000 after purchasing an additional 17,853 shares during the last quarter. Founders Financial Securities LLC bought a new stake in iShares Select Dividend ETF during the 4th quarter worth about $3,399,000. Janney Montgomery Scott LLC raised its holdings in iShares Select Dividend ETF by 27.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 163,760 shares of the company’s stock worth $15,750,000 after purchasing an additional 35,259 shares during the last quarter. Finally, Verus Financial Partners Inc. bought a new stake in iShares Select Dividend ETF during the 4th quarter worth about $20,686,000.
DVY traded up $0.39 during trading on Tuesday, reaching $120.08. 690,204 shares of the company’s stock were exchanged, compared to its average volume of 780,568. iShares Select Dividend ETF has a fifty-two week low of $72.40 and a fifty-two week high of $120.37. The business has a 50 day moving average price of $115.72 and a 200 day moving average price of $103.40.
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.
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