Twele Capital Management Inc. Sells 8,702 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Twele Capital Management Inc. cut its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 13.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 57,009 shares of the company’s stock after selling 8,702 shares during the period. iShares Select Dividend ETF accounts for approximately 1.1% of Twele Capital Management Inc.’s holdings, making the stock its 21st largest holding. Twele Capital Management Inc.’s holdings in iShares Select Dividend ETF were worth $5,812,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DVY. Cabana LLC increased its position in shares of iShares Select Dividend ETF by 13,620.2% during the 2nd quarter. Cabana LLC now owns 650,474 shares of the company’s stock valued at $63,115,000 after purchasing an additional 645,733 shares during the last quarter. Morgan Stanley increased its position in shares of iShares Select Dividend ETF by 3.7% during the 2nd quarter. Morgan Stanley now owns 5,575,097 shares of the company’s stock valued at $555,057,000 after purchasing an additional 199,964 shares during the last quarter. Miura Global Management LLC bought a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at about $17,423,000. Boston Private Wealth LLC bought a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at about $9,895,000. Finally, BlackRock Inc. increased its position in shares of iShares Select Dividend ETF by 9.1% during the 2nd quarter. BlackRock Inc. now owns 933,222 shares of the company’s stock valued at $92,912,000 after purchasing an additional 77,652 shares during the last quarter.

Shares of iShares Select Dividend ETF stock traded up $0.40 during trading on Friday, hitting $101.58. 227,809 shares of the stock traded hands, compared to its average volume of 594,857. The firm’s fifty day moving average is $100.60 and its 200-day moving average is $99.27. iShares Select Dividend ETF has a 52 week low of $84.62 and a 52 week high of $103.78.

The company also recently disclosed a — dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.9558 per share. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a dividend yield of 3.3%.

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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