Flagship Harbor Advisors LLC trimmed its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 10.8% during the 2nd quarter, Holdings Channel reports. The fund owned 15,121 shares of the company’s stock after selling 1,840 shares during the period. Flagship Harbor Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,505,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of DVY. Buffington Mohr McNeal bought a new position in shares of iShares Select Dividend ETF during the 1st quarter valued at approximately $25,000. Investors Research Corp grew its position in iShares Select Dividend ETF by 2,218.8% in the 2nd quarter. Investors Research Corp now owns 371 shares of the company’s stock valued at $37,000 after acquiring an additional 355 shares during the last quarter. Asset Planning Services Ltd. bought a new position in iShares Select Dividend ETF in the 2nd quarter valued at $41,000. Truvestments Capital LLC bought a new position in iShares Select Dividend ETF in the 1st quarter valued at $42,000. Finally, Zions Bancorporation N.A. bought a new position in iShares Select Dividend ETF in the 1st quarter valued at $44,000.
iShares Select Dividend ETF stock traded up $0.06 during mid-day trading on Wednesday, hitting $101.13. The company’s stock had a trading volume of 1,268 shares, compared to its average volume of 644,377. The company has a 50 day simple moving average of $99.84. iShares Select Dividend ETF has a one year low of $84.62 and a one year high of $102.54.
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.
See Also: Rule of 72
Want to see what other hedge funds are holding DVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Select Dividend ETF (NASDAQ:DVY).
Receive News & Ratings for iShares Select Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Select Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.