SeaCrest Wealth Management LLC Sells 484 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

SeaCrest Wealth Management LLC trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY) by 11.5% in the first quarter, Holdings Channel reports. The fund owned 3,713 shares of the company’s stock after selling 484 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $457,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC acquired a new stake in shares of iShares Select Dividend ETF during the fourth quarter valued at about $27,000. Parkside Financial Bank & Trust increased its stake in shares of iShares Select Dividend ETF by 91.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock valued at $46,000 after buying an additional 186 shares during the period. Richardson Financial Services Inc. bought a new position in iShares Select Dividend ETF in the 4th quarter valued at approximately $49,000. Fortitude Family Office LLC bought a new stake in iShares Select Dividend ETF during the 4th quarter worth approximately $57,000. Finally, Financial Connections Group Inc. acquired a new position in iShares Select Dividend ETF in the 4th quarter valued at approximately $58,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY stock opened at $120.79 on Wednesday. iShares Select Dividend ETF has a 52-week low of $102.66 and a 52-week high of $125.99. The company has a market capitalization of $18.35 billion, a P/E ratio of 13.25 and a beta of 0.87. The company has a fifty day moving average price of $121.99 and a 200-day moving average price of $119.12.

iShares Select Dividend ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a dividend of $0.9304 per share. This represents a $3.72 annualized dividend and a yield of 3.08%. The ex-dividend date of this dividend was Tuesday, June 11th.

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.