Mill Creek Capital Advisors LLC Sells 6,489 Shares of iShares Select Dividend ETF $DVY

Mill Creek Capital Advisors LLC lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 38.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,228 shares of the company’s stock after selling 6,489 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,444,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Elevated Capital Advisors LLC bought a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $26,000. Ransom Advisory Ltd bought a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $27,000. Qube Research & Technologies Ltd bought a new stake in iShares Select Dividend ETF in the second quarter valued at approximately $34,000. Jessup Wealth Management Inc bought a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $38,000. Finally, Headlands Technologies LLC bought a new stake in iShares Select Dividend ETF in the second quarter valued at approximately $38,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $158.84 on Monday. iShares Select Dividend ETF has a fifty-two week low of $129.36 and a fifty-two week high of $160.38. The stock has a 50 day moving average price of $153.55 and a two-hundred day moving average price of $150.22. The company has a market capitalization of $23.37 billion, a P/E ratio of 13.69 and a beta of 0.66.

About iShares Select Dividend ETF

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.