iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 36.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,792 shares of the company’s stock after selling 1,037 shares during the period. Bryn Mawr Capital Management LLC’s holdings in iShares Select Dividend ETF were worth $241,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its position in iShares Select Dividend ETF by 14.3% in the 4th quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after buying an additional 1,524 shares during the last quarter. Parallel Advisors LLC boosted its position in iShares Select Dividend ETF by 13.0% in the 4th quarter. Parallel Advisors LLC now owns 17,528 shares of the company’s stock valued at $2,301,000 after buying an additional 2,011 shares during the last quarter. Horizon Investments LLC boosted its position in iShares Select Dividend ETF by 82,525.0% in the 4th quarter. Horizon Investments LLC now owns 3,305 shares of the company’s stock valued at $434,000 after buying an additional 3,301 shares during the last quarter. VSM Wealth Advisory LLC purchased a new position in iShares Select Dividend ETF in the 4th quarter valued at about $65,000. Finally, North Forty Two & Co. purchased a new position in iShares Select Dividend ETF in the 4th quarter valued at about $555,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY opened at $134.32 on Thursday. The firm has a 50-day moving average of $132.41 and a two-hundred day moving average of $131.92. The stock has a market cap of $19.87 billion, a P/E ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $115.94 and a 1-year high of $144.09.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were given a dividend of $1.2333 per share. 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. This represents a $4.93 annualized dividend and a dividend yield of 3.67%.

iShares Select Dividend ETF Company 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.